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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 71.75-0.5%Nov 11 3:59 PM EST

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To: Sr K who wrote (77065)8/16/2012 1:29:04 PM
From: RetiredNow  Read Replies (2) of 77397
 
Now it's yielding more like 2%. So the easy short term gains have already been made. However, the important thing is that Cisco has signaled a very important shift for the long term: dividend growth. This won't be lost on value investors.

Folks on this thread are largely of the growth and day trader variety and I don't think they will like this turn of events. But for us LTBH, dividend seekers, this is a great new stock to put on our radar to purchase on major pullbacks.

BTW, I for one am about 80% bonds (non-Treasury), 10% stocks, and 10% cash. So I have a lot of dry powder to buy stocks on a pull back. I'm expecting one in the next few months. CSCO will be on my radar for such an event.

But I'm on hold on stocks for now, until we the Presidential elections are over and the issues around the Fiscal Cliff are decided. I'd like more of the uncertainty driven from the markets, before I get back in. Plus, if Romney wins, then I want to see what he does to the Bernanke. So there are issues that need to get resolved, before I up my stock percentage. But I have a list of 80 stocks that I monitor, about 30 of which are in my buy range. I'll add CSCO to the 30 and wait for a pull back and for the issues I mentioned above to get resolved.
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