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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 75.26+1.2%3:59 PM EST
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To: Stock Farmer who wrote (52708)5/9/2001 8:09:43 PM
From: RetiredNow  Read Replies (1) of 77400
 
Well, that would be more appropriate to my situation. I've been dollar cost averaging in mutual funds, IRAs (mutual funds), and 401Ks (mutual funds) for many many years (since I was 22, which was an eon ago). Then in my brokerage, I have been much more eratic, but I'd say I've bought Cisco about 10-12 times over the last 5 years, a third of those being in the first year I after I bought my first Cisco shares (I bought and sold a few times before I went long).

So over a very long period of time, I've found DCA to be an excellent way to ride out storms like these. Each to his/her own.
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