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

To: pass pass who wrote (16645)	9/1/1998 1:26:00 AM
From: ed	Respond to of 77400

If CSCO continues its drop of today, by next Tuesday, CSCO will hit "0" !!! Just relax, guys.

To: pass pass who wrote (16645)	9/1/1998 1:31:00 AM
From: James A. Shankland	Read Replies (1) \| Respond to of 77400

The trouble is long term oriented investors are now running out of investment money and baby-boomers are ready to take profit to fund their retirement. Not yet. The vanguard of the baby boomers has just turned 50. Cranked up on vitamins, exercise, low-fat diets, melatonin, and Viagra, we plan to be around for a long time. We won't even begin paring back our stock positions in any volume for another 15 years; and even then, it will be a gradual reduction lasting several decades.

To: pass pass who wrote (16645)	9/1/1998 2:14:00 AM
From: ed	Respond to of 77400

AG had talked down the stocks, and got his way. Now the next song AG and the market is to sing is rate cut. With most companies , especially manufacturing , had a profit margin of less than 3% and had a hard time to raise the price, it is way too high to take 5% of rate to finance the manufacturing cost. The problem in the economy is deflation, not inflation. The answer is to cut the rate. As to Asian financial crisis, it was there for a long long time, and we just started to hear about it, who cares. As to Russia, it is not counted at all in the world market, and the debt can be financed with its oil, minerals, natural resources.It is really no big deal if the Russia government is out of the dollar reserve, Oil, minerals are more valuable than dollars. So, who cars if Russia file bankruptcy, you can just get into the house and move all the furnitures.

To: pass pass who wrote (16645)	9/1/1998 9:08:00 AM
From: Lynn	Respond to of 77400

>... baby-boomers are ready to take profit to fund their retirement. Whaaaat? We 'baby-boomers' range in age from our late 30s to early 50s. Retirement is w-a-y down the road. We don't look old, feel old, or have 'old' mentalities. In terms of the present stock market jitters, we (and our parents) are probably the calmest, least prone to dump stocks right now just because stocks are falling, in the individual investor community. Why? Because many of us have been through all the 'down' days posted on TV programs when comparing yesterday's decline with others. In '87 many of us saw our portfolios mega-pounded then saw everything come back--and were glad we did not sell out of panic. Those of us who did panic and sold learned a lesson the hard way back then. Just because Bill Clinton is a 'baby-boomer' and will get a retirement package after this term, don't think the rest of us will also retire with him. Come to think of it, I wish he would have used Gretian (sp?) Formula since many sub-boomers equate gray hair with old ;> Lynn