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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 76.04-0.3%3:59 PM EST
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To: Dr. Bob who wrote (18038)10/9/1998 4:24:00 PM
From: TigerPaw  Read Replies (1) of 77400
 
but there's still room for caution.

I don't think you are going to see real panic selling while the economy is still growing (however slowly). Even around the world, especially Europe there is growth. This was panic selling by over leveraged speculators. Unless one of these hedge monsters files Chapter 7 and takes a few banks with it I don't think there will be a flight to the matresses.

TP
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