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

To: Victor Lazlo who wrote (58151)	2/28/2002 8:34:54 PM
From: RetiredNow	Respond to of 77400

We'll be ok, Victor. Aggregate Demand equals consumer spending plus business spending plus gov't spending less taxes. Even if consumer spending peters out, business spending is about to start increasing just to replenish inventories which are exceedingly lean. In addition, the gov't is flooding the economy with money in defense spending alone. In addition, Bush, who's not as dumb as people think, lowered taxes, which also props up the economy. In addition, there is the multiplier effect which magnifies the gov't spending and tax decreases. Not only that but you have a Fed who's going to keep rates low and has the freedom to do so because inflation is non-existant. We'll recover no problem. By Nov-Dec of this year, we'll be bakc to 3-4% GDP growth and jobs will be more readily available. So the story is, try to buy in the next 2-3 months during this soft quarter. Then maybe take some profits during the latter part of summer. Then go long in Sept-Oct, because the last quarter of this year and beyond will start looking really good, especially with the low prior year comparisons.