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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 74.40

-1.4%

Jan 14 3:59 PM EST

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To: RetiredNow who wrote (58442)	3/12/2002 4:42:10 PM
From: Ed Forrest	Read Replies (1) of 77400

Daytrading is not the key to wealth for most people. Maybe the lucky few will get rich, but I bet those lucky few as a percentage of the whole equate to the same percentages of people who walk away from Vegas winners. MM The last figures published, to my knowledge, were that only 17% of day traders were successful. Most daytraders flit from issue to issue. I on the other hand trade only one stock and that of course is Cisco. Since last April when I started this journey I am up 34%. My goal is 18-20% per annum. With a few weeks to go in my first year I've surpassed my goal due to the fact as pointed out by Jacob Snyder yesterday that Cisco has been range bound. On another note I see you've thrown down the gauntlet in the "10 Q Challenge Event". Good luck; I think you'll have your hands full.:) Ed

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