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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 71.99

+1.3%

3:08 PM EST

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To: bambs who wrote (45485)	12/29/2000 7:41:28 PM
From: The Phoenix	Read Replies (4) of 77397

Bambs, No doubt you were right about this year... Congratulations. However I find it more than just pathetic that you need validation for your forsight. Most importantly I think you'd get more respect if you simply remained quiet - everyone is aware that you made the call. Acting like an adult would suit you better than your continued need for validation. My children need less attention. That all said, over the past 12 of my investing "career" I have done pretty well and one thing I've learned is that there is no "end"... My LTB&H portfolio took some pain this year - no doubt. But one can not claim to be a successful investor based upon 8 months in the market. This year utilities outperformed techs (heck everything did) and very few folks would have guessed that in February. Still, over the past 5 years tech has still been a winner and over the next 5 I expect tech will continue to outperform. On every road there are bumps and this one was a tough one. You were lucky to have called this one - and in hindsight we should have all seen the "writing on the wall". You should stop breaking your arm patting yourself on the back. You were right... let it go... Do you feel better that I've acknowledged you now?? Now... onto your next year predictions. Last year you stated in March that CSCO would be taken down due to competitive pressure. Then you said interest rates.. then you said earnings.... In the end the thing that took down CSCO was valuation and jawboning. In fact CSCO executed beyond expectations. So, that said, tell us why CSCO goes to $20 next year and $10 over the next 3-5 years. Then tell us why you're not short. Bambs, finally, you may have been insulted last year but you dished out far far more than you took. I guess one could say you deserved to do that but again it doesn't demonsrtate much.. especially given this last post "last laugh". That is simply uncalled for. You were not so much insulted for what you said... but how you said it. Think about delivery ... perhaps this should be your new years resolution. For if you are as good as you think you are you should seek to be less cocky and stay above the fray. You will find that you will gain more respect this way than with your consistent drone of "mom - look at me" "I'm the greatest investor of the century". "Look at Ed, UF, and Gary - they don't have a clue". Of course you don't know anything about our investments this year or any year. So, when you take this approach it diminishes any insight you might have and relegates you to a ranter. So, try a new years resolution... stick to the facts... stay away from "I think" without supporting it refrain from discussing other peoples investment styles distance yourself from others than have little to offer (there's your opening how will you handle it?) share your insight If you do these things you will get the respect that you yearn for and you will limit the amount of attacks that come your way. OG

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