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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?

To: JRI who wrote (36042)	5/22/2000 3:10:00 PM
From: michael97123	Read Replies (1) \| Respond to of 77400

Thanks JRI, You are right. This is only the second inning and we are down 2-1. Hardly panic time and yet they panic. I was a broker in the early 70's and observed a 15 year bear that was a career-changer for me. But believe me there is no correlation between then and now. Then there was great society + vietnam war with no attempt to pay for either leading to inflation, and stagnation. This time Nasdaq run to 5K too far to fast. 3500-4K would be fair value and then higher as earnings validate multiples.