Cisco Systems, Inc. (CSCO) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 75.46

-3.7%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Freeflight who wrote (24859)	5/4/1999 4:47:00 PM
From: RetiredNow	Read Replies (2) of 77400

Hey Freeflight, didn't mean to be overly rude. You know, I've been reading alot about SAN's recently. It seems like a very timely idea. I don't know how long they've been around, but I like what I see. I guess that ties into the idea of using an Internet based storage company for a company's routine backups. As bandwidth becomes less scarce, I bet this area will take off. As far as your Cisco investment, I wouldn't sell for a loss. Cisco may be one of the very few stocks no one should ever have to sell at a loss. Just hold on for 18 months. With the kind of money you are investing, taxes should be a major concern for you. Why not get the tax break from buying and holding rather than paying out much of your earnings to the government. Incidentally, that's how I know many of the posters who claim they are wealthy are in reality not. Because if they were, then their accountant or someone would have informed them that daytrading takes more bite out of their earnings than buying and holding. For the really rich folks, taxes become a major issue. Not saying that you aren't, but if you have that much on the table, do some research into the whole tax issue of the quick in & out.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next