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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 74.40

-1.4%

3:59 PM EST

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To: Dennis who wrote (19462)	11/21/1998 7:16:00 PM
From: Uncle Frank	Read Replies (2) of 77400

>what would be a good entry point after this nice run up you all have enjoyed... Dennis, I've faced your situation several times over the past 3 years - that is, taken profits only to see the stock I sold have a huge run up. My solution, in the case of msft and intc, was to bite the bullet and buy in again. In the words of Tulvio Durand on the Dell thread, "Buy low, sell high" is a myth because one does not know where low is. Buy high, sell higher is what really works. If you're a long term investor, the entry point is not as important as you might think; 2 years from now after a couple of splits, csco will look like it was a bargain at 74. JMHO, Frank

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