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Strategies & Market Trends : Value Investing
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To: Paul Senior who wrote (52811)11/15/2013 6:31:11 PM
From: Wallace Rivers   of 78744
 
FWIW I'll give you my "wife indicator" on CSCO.
The last two times she bought stock without asking me were TXT @ 17.23 and BRKB @ 70.12. Today she asked me about CSCO and seems ready to buy.
I would be stunned (and eat soap) if CSCO fell into the 16s.
You are probably right that, in the short term at least, there are better places for funds.
OTOH (and IMHO only) CSCO will perform better than the great majority in the event of a correction.
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