I thought this past month would be all about the financials and oil. Apple, Google, Microsoft, and the likes (I don't count Yahoo anymore) have been making me look like a fool. As we begin to look at weaker and weaker economic numbers it would be hard to justify buy into CSCO and their top of the line networking and communications equipment. However, having said said that, I believe even cash strapped corporations will turn to companies like CSCO so they can do more with less.
Tech companies that cater to individual consumers will probably take a beating this Christmas as we tighten our belts by skipping a new ipod and latte. But I have a feeling the companies we consumers work for will tighten their belts by spending less on employees before the begin to cut into their data infrastructure. I guess we will see after the bell tonight!
$22.07 (08/05/08)
