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


To: RetiredNow who wrote (62092)10/21/2002 9:23:50 PM
From: t2  Respond to of 77400
 
OTOT Mindmeld.
Excellent post. Very well thought out. My response below is pretty simple.
My concern really was about people who already have racist tendencies needing a easy target for their hate....just ordinary peaceful, law abiding people. It is how a little less informed people can just start justifying their racist beliefs.

I do agree with a lot of your post. Separation of Church and state is so necessary in every country in my opinion.

With this below, you have hit the nail on the head. This is also my view as well.

What's more if an entire culture seems to be in a state of stagnation such as the culture of the Arabs in the Middle East, perhaps it's not just the religion that is at fault. Perhaps, there is more wrong that needs to be examined. How is it that Israel can make for themselves a successful nation and industrious, productive society out of rock and desert, yet the Arab countries are poverty stricken, except for the few oil barrons at the top of their society? Instead of blaming everyone else, do something. Overthrow the Arab princes and claim for yourself a democracy. Lift yourselves out of the quagmire, because no one else will do it for you. And blaming America or Israel or any Western country and killing our innocents won't ever in a million years solve the Arabs' basic problems. Only the Arabs can solve their own problems.

That deep problem is these monarchies holding on to power by giving freedom to extreme elements; basically give them a cause to live. There are so many of these dicators around that part of the region.

Education is the other big problem. Educated societies become liberal, whatever the religion in the country. They force the religions to "evolve".

Saudi Arabia is the probably the biggest problem; that is no doubt where the seeds of hatred are spread from. The monarchy is not spreading it directly. If they had elections over there and allowed women to vote, we would changes pretty fast! Once Saudi Arabia changes, so does the rest of the Muslim world. That is why I can't believe Bush is wasting so much time with Iraq. He should really be leaning on the Saudis. In any case, Sadam is just a dictator who really does not care about religion; he just uses it.

I don't think ordinary Muslims in those countries really want hard line religious people telling them what to do. I watching a story on TV that in Pakistan only about 1% to 2% of the vote would go to Islamic political parties.

Iran went downhill after the Khomeni took over.
Now even though it is a democracy, the primeminister of that country can basically be overuled by the religious clerics. I am sure ordinary Iranians wish they could go back to 1970s before their revolution; it was a wealthy country that had lot more individual freedoms than they do now. Sure it was a dictorship but even that is better than living under dictators/royalty that use Islamic law as a way to control people and hold onto power...as in Saudi Arabia. Again, that is another example why the Saudis are the problem and not Iraq.

In my optimistic opinion, once the Israeli/Palestinian situation gets resolved, the militants lose their popular support. This issue is being used big time to round up support for the extreme elements.

My hope would be a simultaneous Israeli/Palestinian peace deal ocurring simultaneously with the overthrowing of the dictators in that region (in favor of true democracies).

-------------------------
Another point on Iraq:
maybe the Bush administation has finally figured it out; sending people to Europe regarding wealthy Saudis and talking less about attacking Iraq.



To: RetiredNow who wrote (62092)10/22/2002 10:36:58 AM
From: t2  Read Replies (2) | Respond to of 77400
 
Cisco took off after the initial morning weakness.
It makes a lot of sense to me.

PC and semiconductors are weak sectors fundamentally. In the past (late 1990s), that has meant movement into networkers. The good thing now is that there is less selection for most funds; can they really buy Lucent or Nortel...not until the reverse-stock-splits.<g>

Money is coming into tech and is going to lead to a lot more buying pressure for Cisco, imho.

(another bullish big factor is the underperformance of Cisco in the past few weeks)



To: RetiredNow who wrote (62092)10/23/2002 6:52:02 PM
From: RetiredNow  Read Replies (1) | Respond to of 77400
 
Bambs,

how are you gold and silver investments doing? I saw this article on the WSJ and it makes me think that the gold and silver companies are starting to show cracks in the seams as well.

"Newmont Mining will restate earnings for the last three years to correct the way it accounted for a forward gold sales and purchase contract. The move will cut the company's profit by $6.5 million over the period."