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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 73.99+3.1%Nov 12 3:59 PM EST

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To: jach who wrote (17398)9/26/1998 7:41:00 PM
From: Tulvio Durand  Read Replies (1) of 77398
 
If history is any guide, your "safer alternative" scenario is wrong. Since 1992 there has been only one brief period (early 1997) that CSCO has not consistently outperformed SPY.

tscn.com

With a 1200% gain posted by CSCO, compared to 200% gain by SPY, CSCO could well afford a transient 35% haircut and still come out well ahead of SPY. Of course this presumes one is in it for the long term. BTW, I'm in CSCO since 1992.

Tulvio

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