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

To: Amy J who wrote (66016)	8/12/2004 3:53:09 PM
From: Lizzie Tudor	Respond to of 77400

like you I thought tech was getting better but I think the housing boom is rolling over and with no real traction in tech (getting better is not the same as a boom) I doubt the economy can maintain... well we'll see I really do think the fat lady has sung on real estate though

To: Amy J who wrote (66016)	8/12/2004 4:30:39 PM
From: t2	Respond to of 77400

Amy, I think you are right. Now is probably the time for the long term buys in technology. I don't trust the large cap non-tech value stocks (if you read Bernie Shaeffer, you know why). Could still be a big drop but now likely followed by a very rapid rebound as well. Leaps is probably a great idea. Also note outflows from tech funds all year....so sentiment is great and the PEs are adjusting. I have not gone long yet but thinking about it.

To: Amy J who wrote (66016)	8/12/2004 5:52:55 PM
From: RetiredNow	Read Replies (2) \| Respond to of 77400

Amy, just my humble opinion, but I think you bought too early. If you strip away everything else, Sept-Oct is usually the best time to buy each year, because the market usually hits a low for the year during those two months. However, this year there is a heck of a lot more that will ensure Sept-Oct are low points: terrorist threats to strike before the election on Nov 2nd, oil prices charging higher, crappy jobs growth for two months in a row, consumer spending taking a breather, and continued violence in Iraq by the moron Sadr. I wouldn't buy anything until Nov. 2nd. Then buy 3 month calls, if you want leverage. Good luck!