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


To: RetiredNow who wrote (16639)8/31/1998 9:36:00 PM
From: Helios  Read Replies (2) | Respond to of 77400
 
Mindmeld - I don't think it has anything to do with CSCO at this point so there is no telling where it will go. Fear of a major recession is what is driving this market now, and I think the fear is legitimate. You have to remember that the economy is basically a nonlinear system and responds disproportionally to the perturbations placed on it. You would hardly think that Asia and Russia could topple the strong US and European economies but it is possible.

The only thing that I am certain of is that the build out of the internet is only beginning and CSCO is going to do a lot of the building. In a few years we will be discussing the Cisco IBM merger and wondering if Cisco is paying too much.