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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: Eric L who wrote (27629)7/11/2000 8:05:34 AM
From: gdichaz  Read Replies (1) of 54805
 
Eric L: Hey, I miss Cisco. To try to be clear. Cisco was a "piggy bank" for me in the early 90s. What I meant to say was that it was hard to hold psychologically because of its major swings up and down - a roller coaster ride. And then I did not have the benefit of the Gorilla Game, it had not been written.

I did hold through thick and thin with one major exception. I used Cisco from time to time as a bank and took withdrawals to buy other stocks such as Ascend in 1994 and Qualcomm in 1996/7, etc. So I don't want to mislead anyone.

I also gave Cisco to young family members as a "stake" to help them learn about growth companies. And that has worked quite well. Even some of the most anti establishment of old are now saving and investing - particularly in high growth tech stocks. Mostly because they are older of course, but owning Cisco may have helped. It has been a learning experience for them.

Also I gave away the last of it to charity last December.

All good uses for it, but I repeat, I miss it.

Best.

Cha2
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