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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 73.99

+0.2%

Jan 12 3:59 PM EST

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To: Mick Mørmøny who wrote (60654)	8/5/2002 9:27:22 AM
From: RetiredNow	Read Replies (1) of 77400

It's working for me, but then again I'm not a LTBH person on Cisco anymore. My LTBH portfolio is down this year, but not as much as the overall market. I keep pumping money into it, since it is well diversified. Over the long haul (and for me that means another 9 years), I'm sure the last two years will be just a blip in the road for me. As for the few shares in Cisco I bought a few weeks ago. I will probably dump them either tomorrow or Wednesday depending on how things go. I just don't want to be caught in this stock when Chambers finally caves in to pressure to expense stock options. All the Wall Street newbies that price stocks according to PE ratios will be falling all over themselves to downgrade, which may chop the price in half, which incidentally will bring it right in line with those of us who follow value based on discounted cash flows.

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