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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?


To: carl a. mehr who wrote (31405)1/23/2000 10:00:00 PM
From: Nick  Read Replies (1) | Respond to of 77399
 
Carl,
You'er much smarter than I am. I just kept watching CSCO rise, and kept waiting for a small correction to add to my position. Well Cisco is at 115 and I've yet to add...

Good luck...

$118 tomorrow?

Nick



To: carl a. mehr who wrote (31405)1/24/2000 1:02:00 AM
From: RetiredNow  Read Replies (1) | Respond to of 77399
 
You know what's funny? Ever since I bought my first shares 4 years ago, I have been trying to keep my unrealized gains as a percentage of total mkt value to approx 100% in Cisco. The way I do this is that when it gets to 125% or so, I buy more shares.

So now all of you are wondering why I chose this particular methodology, right? The answer is I have no idea why I do this. I guess I am anal on top of having fair confidence that Cisco will continue to perform.

So for those of you who are mathematically inclined, you can now calculate the correct multiple that my current number of shares are over my originally purchased shares. Good luck all!