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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 77.40

-0.5%

Dec 30 3:59 PM EST

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To: Road Walker who wrote (39239)	8/10/2000 7:42:44 AM
From: GVTucker	Read Replies (1) of 77400

John, RE: Rule #5: There are no rules. That is one of the best lessons I have learned over the years. The old saw that the five most dangerous words in the English language are "Things are different this time" is BS. Things are always different. In the Great Depression market of the 30's, motion picture stocks and gold stocks did nothing but go up. It would be particularly galling for people nowadays to think that gold stocks would do well in times of depression. In the 50's, electric utility stocks were almost the equivalent of modern day Internet stocks. In the 70's, we went from the era of one decision stocks and the Nifty Fifty to the greatest buying opportunity of the century in a period of two years. Etc., etc., etc. Boy, I love this business.

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