Cisco Systems, Inc. (CSCO) Message Board

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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 73.69

+0.4%

Jan 21 3:59 PM EST

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To: faqsnlojiks who wrote (69486)	1/9/2006 10:32:48 PM
From: RetiredNow	Read Replies (3) of 77400

Well, I think it boils down to the daytrader's versus the investor's mentality. NO ONE knew Cisco was going to be flat all of 2005. Everyone made guesses. Investors buy and hold for long periods of time. Daytraders try to time the market. Statistics show that people who try to time the market consistently underperform those who diversify their holdings. I am an investor. I bought when I believed the stock was at a low with the express purpose of getting 10%+/year return. I've accomplished that in the last 12 months and I believe I can get another 10%+ return on the stock in the next 12 months. So will I hold for another year, it's looking like I will.

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