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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?

To: Boca_PETE who wrote (6943)	7/19/1999 11:40:00 PM
From: JF Quinnelly	Respond to of 15132

I sold my Cisco last year after having bought it in 1994 for $19, which split adjusted would now be something like $4, or $2, I forget just what. It's cheap. While I missed out on the subsequent move, I still made something like 10 times my initial investment. My thinking last year was that it would be criminal for me to lose the gain I had made in 4 years if the Asian contagion hit the US markets hard. In hindsight, I should have simply pared back my position to its original size so that I would still have had some equity in CSCO. If my rates weren't so cheap I'd fire myself as my investment advisor.