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

To: The Phoenix who wrote (44638)	12/15/2000 3:55:04 PM
From: chic_hearne	Read Replies (1) \| Respond to of 77397

OG, I'm talking about the market... not CSCO specifically. Anyway who are you to discuss this with me... you just started investing this year.. you haven't a clue. Go tell mom to make you a PB&J... Naw, I think instead I'll cover 5 shares of my Crisco short and have steak and lobster. Thanks for dinner Gary. chic

To: The Phoenix who wrote (44638)	12/15/2000 5:00:21 PM
From: bambs	Read Replies (2) \| Respond to of 77397

Gary, you should stop attacking and start listening...perhaps you would learn something. Next years sell off will make this years look like a little pull back. Their will be bankruptcy's all over the place and the dow and s&p will be crushed. 1500 will be a mid point low next year I think with 1000 ish being a base toward year end. I don't think you have any idea how much the bond market and bad debt is going to punish corporate america and the US dollar. Greenscam is damned if he does and damned if he don't. If rates are not lowered then clearly will will go into a free fall in the nasdaq, dow and s&p. Lower interest rates will hurt the dollar, import inflation and the liquidity won't be going to the places in tech land that it's most needed. Just even if rates are cut 1% the bond market will not open up to garbage telco's, dead dot.coms (amzn), or any other garbage tech business (wcii) with no clear plan to get profit not just ebitda but they need to be sure they will be about to make it out of their debt holes. You attack me and others and say we don't understand csco, it's products or services. I know that I don't understand every detail of their business. But, I know that corporate america is in debt and this boom has been built on debt. The bond market is closed! CSCO will have trouble growing it's actual earnings. 11 cents 8 cents 11 cents 11 cents...that had trouble this year quarter over quarter! The stock will be cut in half next year. It will remain a bad investment next year after being halved. bambs