SI
SI
discoversearch

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.
Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 77.63-0.2%3:42 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: GVTucker who wrote (52251)5/2/2001 3:46:11 PM
From: Prince  Read Replies (1) of 77400
 
Thanks the response.

I wasn't as clear as I meant on a time frame to buy a beaten down stock. I think what I heard was that you should buy the stock with the thought the companies sales will turn around in six to nine months. Holding a stock for years or minutes depends on your style of making money.

So you don't wait until the turnaround to actually happen to buy, but purchase at least six months before it happens, when things are still gloomy and uncertain. This seems to make sense, if the company is a solid company and has a proven track record and factors are in place to help with the turnaround.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext