SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 78.03+0.8%Nov 14 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Eric who wrote (10737)12/11/1997 9:04:00 PM
From: craig crawford  Read Replies (2) of 77399
 
<< We all love the stock but see the very real possibility of it falling to the 60's very soon. We
would buy back when the "Worlds" fundamentals get better. >>

You've owned this stock since '93? In other words you must have seen the bear market for techs (including C$CO) in '94 and you must have lived through the decline to 46 earlier this year (another bear market).

What would prompt you to sell now? You're getting all riled up about a move to 60? It was at 46 earlier this year! Won't you have a ton of taxes to pay next April if you sell now?

If your that worried just buy a put for insurance. C$CO may look a little weak now but in 10 years...
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext