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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 76.85+1.0%3:59 PM EST

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To: Thomas Scharf who wrote (10448)11/14/1997 6:53:00 PM
From: DownSouth  Read Replies (1) of 77400
 
>You have to ask whether you will get the better return by holding your losing stock till it recovers or cutting your losses and investing those funds in something with better potential.

I couldn't agree more, but just to get another opinion, would someone explain the rationale behind holding onto an out of favor stock that has generated a paper loss for an investor. What is the advantage of holding a loser rather than investing that capital in an equity that is a better investment?
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