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

To: bambs who wrote (56533)	12/30/2001 9:21:25 AM
From: RetiredNow	Read Replies (1) \| Respond to of 77397

Good call, Bambs. Looks like we both made similar calls for the end of 2001. For when I made my call, check the previous post - I put everyone's post #s for their predictions. So you think Cisco will close at $10 or under. Before you said that it would be $8 or under, but I understand the revision. OK so I have you down for $10 and I'm revising my own prediction to $25 for the end of this year. Funny how that was my same prediction for 12/31/2001. Boy the economy sure has tanked since May. Anyway, I fully expect the economy to have turned by the end of this year. It won't be a big turn, but it will be a return to modest growth. Good luck all!

To: bambs who wrote (56533)	12/31/2001 12:53:56 PM
From: larry	Read Replies (1) \| Respond to of 77397

Bambs, Nice call. Although I agree with you that CSCO will be less than 10 and INTC less than 15, probably that won't happen by next year. The bubbles were built with 10 plus years' effort, and it won't totally burst within 2 years. If your time frame is toward the end of 2005, I expect that you have a better chance of getting your prediction correct. A great majority of the economic expansion of the 90s was built on the so-called unlimited stretch of consumer spending. We all know that there is a limit that you can stretch the band. When that breaks eventually, no one will be immune. And I think that DOW 5k is also possible, let alone 6.5k. But at least, let's cheer for the new year. And hopefully, the recession will end at least "on paper" in the first Q of 2002. Will the recession truly end in 02? Not really. Even so, a greater recession is lurking somwhere in the darkness. Good luck to all you guys for next year, bulls or bears. larry

To: bambs who wrote (56533)	12/31/2001 12:59:39 PM
From: larry	Read Replies (1) \| Respond to of 77397

bambs, One more thing. My year end (01) target that I made 12 months ago for NAZ was around 2k, S&P around 1200, and DOW around 9k. I am off on DOW, but pretty close on the rest. And I was right on money about CSCO subpar of 20. My best call probably was to fight all you want against the Greenspan led Fed this time. Agree that he has used nearly all his bullets unless he wanted to pull off a Japan scenario. In all craziness, maybe he will in 02. good luck, larry