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


To: Lynn who wrote (74780)1/2/2008 6:33:29 AM
From: RetiredNow  Respond to of 77397
 
Thx! Me too. We had two good up-years in CSCO, so I guess it was time for consolidation in 2007. I'm hoping for another upward surge in 2008, but being an election year and an economic downturn to work through, I'm not so sure. Optimistic, but realistic. :)

One thing I'm sure of (i.e. I give it a high probability). If a Democrat gets elected to the White house at the end of 2008, December will be a very big month for the stockmarket as traders anticipate a pullout of Iraq and an explosion in alternative energy and domestic expenditure funding. CSCO will rise with the tide, if that happens, since CSCO seems to move with the overall US market nowadays.