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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?

To: Don England who wrote (759)	3/1/2001 9:22:19 PM
From: Don England	Respond to of 23153

thestreet.com the above article seems to imply it is very foolish of csco to be offering financing to telcos. i have to wonder, though, if it isn't extremely far-sighted of them. aren't they simply looking out the other side of this mess and putting their capital to good use? i can imagine them not just boosting sales for the moment but locking in lot of value down the line at small cost relative to future value. don

To: Don England who wrote (759)	3/1/2001 9:27:09 PM
From: Sweet Ol	Read Replies (2) \| Respond to of 23153

Your point is well taken that some stocks may be bottoming. Of the 30 I follow closely, only a 5 seem to show some signs of flattening out. However, I have seen some plateaus drop off again, so I am wary of buying them yet. But, the time will come. A couple of posts back someone mentioned the 1929 bargain hunters. I read somewhere that the biggest losses where to the people who picked up "bargains" late in '29 and then watched them slide to zero by 1932. But, history does not necessary repeat itself. Best to all, John