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


To: kvkkc1 who wrote (45272)12/21/2000 10:20:35 AM
From: The Phoenix  Read Replies (2) | Respond to of 77400
 
kvkkc1,

A couple of quick points. As much as I think Bush is a joke he does have an ear for Silicon Valley. I believe Chambers had him at the house a couple of times ... Bush is aware of what's going on out in SV. Secondly, I wouldn't get too wound up over the FOMC. Although i agree that they've been overly-hawkish (God knows why) I look at this as an opportunity to buy some great stocks. The more the market goes down.. the better the buys. This won't last forever... give it time, be patient and make a plan to capitalize on the opportunity that is staring you in the face.

Good luck!
OG



To: kvkkc1 who wrote (45272)12/22/2000 9:28:23 AM
From: Helios  Respond to of 77400
 
"By theway, Reagan's tax cuts were the impetus behind the economic expansion of the last 20 years. "

Those of us with large capital gains are acutely aware that the peak capital gains rate was 20% under Carter, was raised to 28% under Reagan and then lowered to 20% under Clinton. I am grateful to Reagan for the tax simplification that he gave us, too bad it didn't stick. The huge increase in National debt was no help to our economy and that's why George "read my lips" Bush had to raise taxes. Bush's increase really hurt because it reinstated the marriage penalty and tightened the noose of the alternative minimum tax. At least that has gone away for small businesses under Clinton.