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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 78.39+1.3%3:59 PM EST

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To: Kenneth E. Phillipps who wrote (33255)4/1/2000 1:37:00 AM
From: Eric  Read Replies (1) of 77400
 
Ken,

In my book that was a snap correction in a bull market.(of course that's easy to say in retrospect!)

Back in 87 I became fully invested during the morning of the Friday before the crash and watched it melt down. I couldn't buy anything because I was 100% invested.

My dad, brother and I talked a lot on the phone over the weekend and decided to do nothing. Two and a half months later we were all back in the black. That taught me a lot!

To play the market late in this cycle you have got to keep a cool head. There are still a lot of things in our favor going forward in this market for most stocks.

JMHO!

Eric
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