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

To: kvkkc1 who wrote (59166)	4/30/2002 10:12:57 PM
From: SouthFloridaGuy	Read Replies (1) \| Respond to of 77400

There really wasn't just that much debt (leverage) around in 1991 as compared to today - both on corporate balance sheets and household balance sheets - even adjusted for GDP/Income, etc. I think 1991 was simply a blip, similar to a stock going back down to its 200 day Moving Average but still staying in an uptrend. 1994 was more a knee-jerk reaction to the first set of interest rate hikes, IMO. Both 91 and 94 pale in comparison to 73-74, 78-79, and 81-82. I think it's pretty silly to call 79-81 a "boom" just because there wasn't 2 consecutive quarters of negative growth. I say 73-82 was one big recession. Oh well, at least a lot of good music came out at that time.