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


To: Brian Malloy who wrote (31927)2/8/2000 5:12:00 PM
From: JRI  Read Replies (2) | Respond to of 77400
 
*OT* Brian.....October 9, 1998....the biggest gift ever for anyone wanting to hold Cisco (and most big-cap techs)........you may recall....Cisco was down, something like 10/11 days in a row (off 30%).....the world was going to hell in a handbasket (so the media told us...because of Long-Term capital, Brazil, Russia, and every other place)....Bears appearing everywhere (with big smiles on their faces)........AND the market tanked hard early that morn...just pummeling everything- big and small tech stock in sight.........(at least for the first hour/hour and half, that is...)

That was the day (the morning) I decided to buy Cisco (for the first- and actually, only time)...was at 21 1/8...IMO, That will probably turn out to be the buying op. of my lifetime! (Lucky me..)..BTW- It was also the 1st time I ever used margin! (Had I only bought leaps instead <G>)

As my stomach churned (and there was serious panic on SI), I remember I kept repeating to myself, "You gotta buy when there is blood on the Streets"....my how things have changed! <G>

Congrats to you and all Cisco longs today...