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


To: Dinesh who wrote (74390)11/6/2007 10:28:47 AM
From: RetiredNow  Respond to of 77398
 
Good points. Thx for the perspective, Dinesh.



To: Dinesh who wrote (74390)11/6/2007 1:13:04 PM
From: Eric  Read Replies (3) | Respond to of 77398
 
OT

I wish China would slow down but it will not for many years.

Oil demand is exceeding supply for the very first time on a worldwide scale. It looks like we had peak oil in late 2005.

Here is a great link on the subject of peak oil and other energy related issues. Lots of discussion with some postings by petroleum engineers and geologists:
theoildrum.com

Specific discussion on peak oil:
theoildrum.com

I have lots of other info on the "peak oil problem" and can post if folks are interested.



To: Dinesh who wrote (74390)11/7/2007 2:35:37 PM
From: Dinesh  Respond to of 77398
 
OT

>Separately, on that $1T market cap...

Looks like I have some good company here :)

chasingthedragon.blogs.fortune.cnn.com



To: Dinesh who wrote (74390)11/7/2007 2:43:29 PM
From: Lizzie Tudor  Respond to of 77398
 
Separately, on that $1T market cap. JIMHO, the way "market cap" is calculated is pure, unadulterated bs. It's as if a large portion of the theory of finance could be boiled down to a simple multiplication. For small investors, it's OK is valuing their portfolios. But at instituitional levels, even a sell order of $10B (at market) of PetroChina is probably going to shrink that $1T number in such a hurry. And a buy order may do just the opposite. So, how good is that number? Maybe just as good as that $500B CSCO number was...


What you are describing applies to all investments housing, sports teams you name it and virtually all assets of any kind