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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 79.27

-1.2%

Dec 11 3:59 PM EST

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To: RetiredNow who wrote (52218)	4/30/2001 2:09:48 PM
From: carl a. mehr	Read Replies (1) of 77400

mindmeld, Great post, I went on a trip around the world. Cruised from Bangkok to Athens thru Suez canal in January and February for 50 days. In the middle of December, Maria Batelloma kept saying that Cisco could come down a lot to be in line with Standard & Poor's 100 who's PE was something like 28, and Cisco was about 140 I think. She repeated that statement several days, and I sold 90% of my sizeable Cisco holdings at about 42-43. If I hadn't, I would have been 'toast' today. Maria saved my *as! Preparing for my world trip sure saved me. The $20,000 that the trip cost was saved a few hundred times over. I would have been broke today if I hadn't amply prepared myself for this extended trip. The hazards of lots of margin could have been very disasterous....humble carl

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