Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Monty Lenard who wrote (50028)	3/14/2001 7:42:27 PM
From: Mark The Trader	Read Replies (1) \| Respond to of 77400

I was totally cash ( other then my IRA) until last Friday. Bought a few and did the same , covered calls right after the purchase. With the CD Interest rates probably going to around 4 % I think I will just pay off my damm mortgage:_}

To: Monty Lenard who wrote (50028)	3/15/2001 7:47:05 AM
From: GVTucker	Read Replies (1) \| Respond to of 77400

Monty, there's an interesting article in this week's Economist that fits a lot with your thinking. I'm not sure if it's on the pay side or the free side, but here's the link. economist.com Basically it states that this is unlike all the post WWII recessions or downturns because it isn't Fed driven, it is capital market driven. Thus, this cycle might resemble more the old US cycles of boom and bust, which were unfortunately a lot worse than the post war busts. While I'll buy the argument that this is a capital market driven downturn, I'm not yet to the point that I buy the argument that this factor will exacerbate things.