Cisco Systems, Inc. (CSCO) Message Board

STOCKTALK

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 73.87

-0.1%

Jan 9 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Paul V. who wrote (53700)	6/18/2001 8:13:30 AM
From: Kevin Podsiadlik	Read Replies (1) of 77400

"the recovery rate for is grim" for stocks falling beneath $10 per share. "Of the 437 companies that became one-digit wonders in 2000, only five have come back in 2001. That is on 1.1 percent." Is that really such a shocking statistic? The market itself has not recovered, and in fact the Naz is down a further 18% so far this year. Why should it be so surprising that few of the stocks in the market have recovered? Not to mention that of those 432 fallen stocks, I figure at least 300 were dot-bombs or similar that have never made money, never will, and had little business coming public in the first place. "Many professional money managers, like thos in charge of mutual fund porfolios, are barred by their firms' bylaws from buying sotcks under $10 My understanding is that this rule applies more to initiating new positions than maintaining existing ones. For that matter, any fund so inflexible that they would have to drop support even for Cisco the moment it hits 9.99 is a fund I wouldn't want my money in anyway.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next