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

To: GVTucker who wrote (68057)	6/16/2005 10:30:08 AM
From: Elroy	Read Replies (1) \| Respond to of 77400

My best guess is that OPEC is right in this specific case--speculators are driving the price of crude. There must be some way to measure that. If its the case, speculators have got to be stocking crude somewhere (or at least stocking up the right to take crude), and their stock or right to buy would have to be X% higher than a year ago. BTW, if crude collapses right now, I don't think you should be too quick in thinking that large caps like CSCO would take off. Best case for CSCO is a modest decline to the mid $40's. Exsqueeze me? Modest decline from ~$19 to the mid $40's?

To: GVTucker who wrote (68057)	6/16/2005 12:22:23 PM
From: RetiredNow	Respond to of 77400

My thought is that the stock market is largely being held back by oil prices being too high. GDP growth is good and inflation is tame, yet stock prices aren't increasing. Oil has to be the main cause. So if oil goes down, then stock go up. Since small caps have had a good run already and large caps look cheaper than they've been in recent memory, it stands to reason that large caps will benefit most. Since Cisco is a large cap and is dominant in its sphere, Cisco will be one of the beneficiaries. Just my two cents.