"Still learning"---you are right; in that quote---unlike the following one which more clearly delineated the time frame in which I was interested, I did make that statement; and in fact, Cisco gained about 100% during that time period to Tellabs 92% during the last 12 month period, and it currently is in play.
My point was that Cisco "stalled" since it's earnings on or about 2 Feb 99---- it hit about 118---120 prior to that February report; and since then, it has only inched up to 122 1/2 "split adjusted". Meanwhile, Tellabs, which was much lower than Cisco ----in the high 70's, low 80's "split adjusted" has since February advanced to as high as 139 1/2 "split adjusted". Thus, I chose to focus on Tellabs while withdrawing from my Cisco positions.
Currently, Cisco seems to be "in play" in that its "up" action today in a stagnant to down market is starting to draw my attention once again. And I will reconsider taking another position in Cisco next week----the only thing I find about Cisco which disappoints me is that Cisco is extremely predicatable: it either "meets analysts expectations" or it beats them by 1 cent. There is usually not the "blowout" potential which Tellabs exhibites. And this is no slam on Cisco ( as I said, I have owned it before).
But it is better to think about such things over a "pint of Guinness".
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