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: larry who wrote (56652)	1/14/2002 1:10:35 PM
From: kvkkc1	Read Replies (1) \| Respond to of 77400

What leads you to believe anybody learned anything? Mutual Funds are putting other people's money to work every day at the inflated prices we are witnessing today, in the name of predicting the future(better known as betting on the come)

To: larry who wrote (56652)	1/14/2002 1:45:08 PM
From: RetiredNow	Read Replies (1) \| Respond to of 77400

What makes you think that? The only scenario in which Cisco might trade at $8 would be if we finally have a true weedout recession and a regression below the mean. I think it is possible as the current Fed action is only postponing the inevitable hangover from bubble mania, but I wonder when it will happen? I bet that the IT upcycle reasserts itself and helps us ride out any real bad recession. P.S. For those wondering about my statements above, I don't think this recession has been real bad. It's been a minor blip relative to what it should have been to weed out the excesses of the 90's. So those excesses will either get wrung out gradually over the next decade or they will hit us with an unbelievable bang when the economy pays the Fed no mind.