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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 71.08+0.1%Nov 7 9:30 AM EST

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To: jach who wrote (18898)11/5/1998 1:02:00 AM
From: Ken  Read Replies (1) of 77397
 
yeah, right? You happen to profess to know when to buy and sell this stock. Like I bet you knew to buy it when it was trading 30% lower at the beginning of the month?? My advice to those long Cisco is to keep it in your portfolios as a core holding with an overweight position. Hold for the long term and you will be amply rewarded. If you sell and want to buy back, you will probably drive yourself nuts trying to figure out when to buy it back. This stock moves so fast that by the time you decided to buy, you would have missed the buying opportunity. Buy and hold and keep the position balanced with respect to a solidly diversified portfolio. I didn't sell one of my tech holdings in the tech bear market and have gained everything back in a matter of 2 weeks with nearly 100% gains so I know my advice is sound.
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