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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 72.11-0.3%Nov 5 3:59 PM EST

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To: TobagoJack who wrote (51996)4/22/2001 1:24:19 PM
From: RetiredNow  Read Replies (1) of 77397
 
My faith in myself as an investor is not as great as you may think. I know numbers, but have an ability to predict things about as well as anyone else. Only every once in a blue moon do you get no brainers like this write down event. Most other times, you have to guess like the rest of the pack. As for my allocations, I have almost all of my money in mutual funds. Only 5% of my money is in E-Trade, which is where I hold some Cisco shares. So if my bet doesn't pan out, no worries, it's only a small percentage either way. My investment horizon is pretty long. I still have some Cisco shares from 4 years ago, although I sold some back in March of 2000 to buy some toys and pay off a loan. The shares I own now, I will probably hold for the next 5 years. Because I think we are still in the midst of the tornado as far as the Internet goes. In fact, this last year and the next, may well be looked back on 5 years hence as the quiet before the storm.
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