Dear bgg - in a way, you are quite right. If BAY had racked in revenues, it would not have been in her current state, at least stockwise. However, I certainly cannot count on you to say me CSCO will dominate simply you say so [no offense, as it is just a matter of personal opinion vs personal opinion.] To be clear, I ve actually developed an healthy respect of CSCO, since it has been able to use its dominance to its advantages and it has covered its track well [for example, Granite acquisition is so far behind Rapid City's]
So why am I hold BAY and not CSCO. I suppose personal preference and I have faith in its mgt. Sure, it has its share of mistakes [and I'd go so far as to say one can no longer blame it on prior adminstration.] However, the current adminstration is a quickstudy. If it makes a mistake, it applies corrective measures and moves on. And it behaves like a gentleman [or lady, depending on one's gentle preference <g>.] Remember the snafu between BAY and INSS. So BAY made a mistake believing the world is fair. It moves on by not acting like a crybaby. So, I feel good holding BAY because it has class. And naively, I believe in class act will ultimately be rewarded. Thank you very much.
Best, Bosco |
