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

To: michael97123 who wrote (49076)	2/18/2001 11:26:52 AM
From: bambs	Respond to of 77400

just like last year Even if you turn out right, you are wrong. I was dead on the money last year. I will be again this year....too bad you didn't take the time to read some of my silly little posts last year and think for yourself. just wait until the financials crack this year. it will get real ugly fast. when the dow and s&p start to drop then we will see a major broke effect. the drop in the Nasdaq last year was from a 6 trillion market cap to a 3 trillion. only 3 trillion in paper wealth got smoked. the NYSE is close to 20 trillion. when it drops 30% the public will feel the real squeeze on there credit. look out below. how many people will be buying new 3 g cell phones then? how many will cancel there current cell phones instead? the growth rates are going to slow dramatically across the board. we will have an earnings recession for the average company for a couple of years. then we will have very slow earnings growth from there. the DOW and S&P will be cut in half...it's just a matter of time. bambs