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

To: bambs who wrote (48455)	2/7/2001 8:09:24 PM
From: michael97123	Respond to of 77400

"I understand but clearly you don't. What happened is the credit growth rate started to decline and the unthinkable happened in the nasdaq last year! It didn't go up 100% it actually went down 50% from it's insane high" Yes it went down 50% Now it can go back up. Your gloom and doom scenario has been around all my life. There is always a chance of it occurring but it never does. Even if you are right in the end and I hope to God you are not(as probably do you), it will not happen in this cycle as Alan and George furiously pump water(cash) in and raise all boats. When the world economy is at stake, folks act to prevent disaster. That's what's happening now. The question is how deep the recession and how long it lasts. Now you can go watch your movie and drink your beer. Enjoy your daughter and say a prayer that you are wrong.