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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 76.94

+1.1%

Nov 28 9:30 AM EST

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To: t36 who wrote (11123)	12/21/1997 6:41:00 PM
From: sepku	Read Replies (4) of 77400

>>>hi, remember, three years ago if you held as you did now..you made NICE money..i can only tell you that in my opinion, us longs will also be way ahead three years from today<<< Of course you made great returns by holding through the entire 3 years. But I'm not satisfied by just those returns...I want more. If I had sold my CSCO position in Jan/Feb at 80, I could have repurchased almost double the shares back in the 40s. Then sold where I ended up selling a couple months ago -- doubling my profits in the process. If you know what you're doing, you can multiply your gains with other strategies. Cramer has been quoted as describing CSCO as a stock that you hold for 3 - 5 years, never looking back. He's been saying that in articles, interviews, chat sessions, etc. But witness that he dumped his position in the high 80s -- 90. That was right about the time ML upgraded CSCO to strong buy (LOL! Always a perfect contrarian indicator). The next week CSCO saw 72, intraday. I bet Cramer was loading up more shares for 20% cheaper. Brilliant play! Now he can continue to hold for the next 3 - 5 years if he so wishes...with that extra 20% in the bag. Style Pts.

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