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


To: SouthFloridaGuy who wrote (50582)3/28/2001 5:48:30 PM
From: bambs  Read Replies (1) | Respond to of 77399
 
that all depends on how many vendor financing issues blow up and how long it takes to turn around the business. I think we will see a $10 test at some point then it will likely float between $5 and $10 for the next 10 years or so.

It's impossible to know but I wouldn't pay $5 for csco if i had to hold if for 10 years. it's really up to the world powers and what they do with interest rates and bad debt. if interest rates come down over the next 5 years to 1% everywhere in the world (which is possible) because of bad debts and banking troubles who knows what will happen.

this will be a crazy decade and i have absolutely no idea how we will get out the other side...I expect they will cut rates like made to try to save real estate prices. if they dont' then the public will be in huge trouble and so will the banks.

bambs