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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 78.18+0.2%3:59 PM EST

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To: Elroy who wrote (75798)11/6/2008 4:14:23 PM
From: Lizzie Tudor  Read Replies (2) of 77400
 
yeah but the tech downturn in 2001 was much worse than the tech downturn now. These tech companies basically have been in an L shaped recovery all decade except for a few areas like internet2.0 and search. L shaped recoveries don't crash like the peak to trough ones do. There is nowhere to fall. Yes some jobs will be lost but nothing like 01/02 when half the industry shut down. These guys have been consolidating this whole decade.
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