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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 77.760.0%Dec 4 3:59 PM EST

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To: Paul Barr who wrote (10954)12/16/1997 2:08:00 AM
From: Sowbug  Read Replies (1) of 77400
 
<<Traders just don't get it, do they. The spend more money on commissions then they will ever make trading stocks.>>

That's a weird criticism. All it means is that a trader's pretax profit margin is less than 50%. If I spend $20,000 in commissions to make $35,000 a week trading, thereby netting $15,000, I'm not going to complain about the commissions.

I further submit that if I did that and I were a publicly traded company, then you would buy and hold my stock and even start an SI thread about how great the company was with its fat margins.
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