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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 77.42

+4.6%

Nov 13 3:59 PM EST

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To: t2 who wrote (74387)	11/6/2007 7:13:10 AM
From: RetiredNow	Read Replies (2) of 77398

Hi all, there is some kind of serious bubble being reached overseas. PetroChina just reached $1 trillion market cap. The first company in the world to do that. Do you remember when Cisco reached $500B market cap? Then it tanked to under $100B over the next 2 years. Also, here in the US, Exxon disappointed. Could it mean the oil bubble is coming to an end? So my question for the thread is what comes next? Is past, prologue? If I remember correctly, during the 70's oil shock, there was inflation and Carter. Then beginning in '82, the stock market and real estate took off. That doesn't seem likely this time. Real estate just crashed. So what's the next sector that will get inflated? Is it tech's turn again? I think maybe. Selected large cap tech with significant overseas ops, like Cisco, just may be the safest bets in a pretty uncertain stock picking world over the next few years.

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