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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 74.59

+0.3%

Jan 23 9:30 AM EST

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To: The Phoenix who wrote (15571)	8/3/1998 11:50:00 AM
From: Eric	Read Replies (2) of 77400

Gary, I have been studying this area quite a bit as it is a heavy driver of the market the last ten to fifteen years. It looks like the trend will continue for at least the next ten years as the baby boomers enter their peak earning years. Fortunately our economy is hitting on all cylinders, a first since the 60's. There will be corrections but people are looking for long term returns and the only place with that now is the Stock market. Granted the doom and gloomers are always there to point out how high things are but from a macro-economic picture we should have years of growth IMHO. I've been fully invested the last 15 years and have enjoyed the ride! My big concern is interest rates and they are stuck in a downward trend line. If the economy slows down more they will fall more and buttress the market further. Kind of a nice picture to be in! Everyone should enjoy the ride! Regards, Eric

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