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

To: michael97123 who wrote (43146)	11/8/2000 4:03:36 PM
From: bambs	Respond to of 77400

I truly believe nasdaq 1500 is a given.... Say what you like...you will see I've been telling you why for months...my call hasn't change...I am just getting more confident as the problems in telco and junk bonds gets clearer. Wait til the big financial stocks get in real trouble with junk bonds. I think you don't understand how bad the credit problem is. I'll you see is your pretty little tech stocks and the wonderful things they do...DEBT!!!! NO PROFIT!!! CHAPTER 11!!! for many tech...the ones that make it will do poorly. First these companies ipo'ed and raised piles of money and blew it. Then they went to the bond market and raised piles more and blew it...now they go to companies like NT and CSCO and ask for vendor financing..because the equity and bond market is closed....This economic boom was fueled on credit...the credit bubble is in it's last stage of expansion...vendor financing. Bambs