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

To: t2 who wrote (56559)	1/2/2002 1:12:50 PM
From: larry	Respond to of 77397

Hi Newvision, I believe that I only mentioned my 01 target in my previous post. When I replied to bambs's message, I was giving out my 05 prediction instead of 02's, which might sound ridiculous to lots of people. Anyway, I think that the economy might pick up a little bit steam this year and next, but sooner or later we are going to end up in a true meaningful recession, which should prove to be more serious than the one we just experienced. To make things worse, at that time, the government and the Fed have probably utilized all their measures. And to let that depression run its course, you have to consider all the pent up bubbles that have been accumulated until now, plus the ones that will add up to in the next several years. It will very likely happen down the road. We will pull out a Nikkei scenario although the US and Japanese economy are fundamentally different. So my prediction for the market is neutral to slightly positive in the near term (1-2 years), but hell down the road (5-10 years). I am going with government bonds all the way with the exception of my family's 401k, which is dominated by stocks (in case my prediction is wrong). Since I don't need to use them for another 26+ years, I figure that it will be all right by then. good luck, larry