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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 73.87

-0.1%

Jan 9 9:30 AM EST

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To: chic_hearne who wrote (40762)	10/13/2000 4:45:15 PM
From: RetiredNow	Read Replies (1) of 77400

"IMO, there won't be one single tech company worth over $100 Billion when she bottoms. Maybe not even over $50 billion" Chic, you are 23. What the hell do you know about valuation and how to calculate it? Your idea of a good value is probably nickel beers at the local bar. If you want to have any money to retire on, quit the daytrading while you are ahead and go long on solid companies like Cisco and Nortel. Then re-evaluate every year or so. Otherwise, I can promise you that it is probable that you will be just another statistic proving the downside risks to daytrading. BTW, all the really good daytraders I know, have 90% of their wealth in investments they don't touch. Then they play with 10% or so. That's how they keep their wealth when the numbers catch up to them.

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