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

To: kvkkc1 who wrote (49531)	3/1/2001 3:45:33 PM
From: SouthFloridaGuy	Read Replies (1) \| Respond to of 77400

Right, so I ask you a question about credit expansion (hint, hint), and you obviously don't know the answer, since you go off on some tangent. Let me show you how it's done: Try 175 basis points. What, you think there wouldn't have been inflation? You want the Fed to be pre-emptive when the economy stalls, but when it's getting overheated, which it clearly was and which nobody disagrees with (except for you, oh Professor), it's ok to turn a blind eye. Uh uh, can't have it both ways. Japan still refuses to open up their markets. That's why they're not coming out of their slump. Wrong, that has nothing to do with it. Japanese consumers won't spend as recklessly as American consumers and in comparison to themselves in the 1980's;instead they prefer to save. This country on the other hand has tapped itself out, just look at today's news on savings rates at -1.0%. And oh, please don't give me that garbage about Americans saving through their 401k's, because a) those 401k's are sure worth a heckfoalot less today than a year ago and b) don't expect to see any growth in those accounts from our highs for about 20 years. Yeah, I messed up riding it down, but selling now, imho, would be worse than holding. Best of luck to you and Middle America. I feel sorry for this country. Always blaming, never looking in the mirror. Well, the Day of Reckoning has come where America looks a little more like itself in the 1930's and Japan of today, and is tickled silly to invest in speculative ventures; it's called a liquidity trap, but I wouldn't expect you to know what that means. You can do your blaming to Cisco and all your other tech companies when they get sued soon for misleading shareholders. Make the lawyers rich. Please don't write sob stories to me as so many of the roadkill who constantly PM me. By the way, you're on ignore, I am done with this thread.