SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?


To: telecomguy who wrote (41590)10/27/2000 3:57:23 PM
From: bambs  Read Replies (3) | Respond to of 77400
 
I am far too modest to consider myself a visionary. I am a trader, and I will make money regardless of what intc, csco or any other company do in the immediate future. Obviously, you have never studied the basics of how a business cycle work. First, try to wrap your head around why it is called a cycle. I know that this may be hard for you to understand, but a cycle goes up and down, up and down...not just up! Sure, even in a downturn people will buy products, but the key is that they will buy less. Do you know what that means..now think hard before you answer...it means less profit. Do you have any idea why corporate bond yields have been expanding rapidly? Of course you don't! I'm nice though, so I'll tell you. They are expanding because bond holders are perceiving greater risk and want to be compensated for that risk. Risk is not a happy word, and dumb perma-bulls don't understand the word, but I'm afraid they will become very familiar shortly.