The Critical Investing Workshop Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : The Critical Investing Workshop

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Wharf Rat who wrote (31329)	8/31/2000 11:54:55 AM
From: Ritch	Read Replies (1) of 35685

Hi there Kid! About a year and a half ago I let myself be swayed and sold my Cisco on similar comments. A number of analysts were saying that the multiple was too high and they could not keep up the high growth rate that they had to that point. I bought back my shares and more from Jan to April of this year. The net result was that I had to pay taxes on the gains, and had to pay a lot more for the stock to get it back. It has still done great since buying back in. I will not sell my Cisco again unless something changes in the story. If their earning rate really does slow or some new innovation comes around that will displace them as a leader or something similar. JMHO! Ritch

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next