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

To: RetiredNow who wrote (53213)	5/20/2001 10:28:01 AM
From: Wyätt Gwyön	Read Replies (1) \| Respond to of 77398

mindmeld, chuckle! yes i can answer those questions, no i am not going to do your homework for you. the short answer is: of course there will be demand for 3G and Inet services, but that doesn't mean the revenues will be sufficient to service the cumulative debt to date and going forward. i think we will see more cases like Iridium, the $6 billion boondoggle that somebody just picked up for $25 million. at $25 million investment, perhaps the new investors can have a profitable operation. but that meant many billions of original investment had to go to Money Heaven. i believe a similar scenario will be writ large across the global telecom business. Once again, you guys keep spouting blabber ROFLMAO. it is truly hilarious that you and others mock "bears", who took profits in high-tech investments before the bubble collapsed, by saying the bears don't "get it". the bears do get it. "getting it" means looking not just at lofty demand projections for point B in 2010, but how the industry will go financially from point A in 2001 to point B. my guess is not very well. my fear is what could happen if there is a serious meltdown of hundreds of billions of dollars of telco debt worldwide, and the ramifications of such for the global economy. sure, it will be neat-o when we can all send motion video clips to each other on our handhelds in a few years. but what happens if you flush 2 trillion dollars down the toilet in the process?