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

To: mary_a who wrote (59913)	6/21/2002 4:58:36 PM
From: larry	Read Replies (1) \| Respond to of 77400

Mary, I read several reports this week and a few of them indicate that AG has no choice but to cut at least twice in the next 12 months. The artificial wealth effect that he created via REIT is the major force that keeps the economy from going under. He cannot afford losing this battle unless he finds another way of creating wealth for the US. But he has no third choice besides stocks and REIT, right? However, if he indeed cuts, I won't be surprised to see a furious exodus of foreign and even US investors going overseas to invest. That will further sink the US stock market, rally the gold (forcing JPM et al to file chapter 11, a scenario that won't happen because Mr. Pawn will bail them out by printing more cash), flush the dollar to the toilet, and cause serious inflation. larry!