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


To: Kevin Winters who wrote (32649)3/3/2000 6:40:00 PM
From: Nick  Read Replies (2) | Respond to of 77400
 
Not a dumb question at all. Your research historically proves correct in that fundamentally strong stocks tend to surge shortly before their split date. However, with this volatile market anything goes. My advice, which isn't worth much, is that you simply just get in. Two years ago when I got in CSCO, it was at an all time high, now my cost average is around $28, soon to be $14. If this is for your retirement account, I assume your going to be holding this position for the long term, and hence a Nasdaq/Cisco correction now or after the split will just be a blip on the map. So, IMO, I agree that now's the time...

Good luck

N



To: Kevin Winters who wrote (32649)3/4/2000 2:48:00 AM
From: RetiredNow  Read Replies (1) | Respond to of 77400
 
Kevin, my opinion is that your thinking as described in your post has nothing to do with fundamentals. It seems that you are trying to time the market. As I have bought Cisco in little chunks over the last 4 years, every time I bought I told myself, "this stock is just way too expensive; I shouldn't be buying now". But I bought anyway, in little chunks, and watched over 4 years as those little chuncks became one huge truckload. Now I look at it and think to myself, "monopoly money (as in the board game)".

So my point is if you have done your fundamental analysis and believe in Cisco for the next 5 years, then just take the plunge now. Then when you have more money, buy a little more. Buying in little increments is sometimes good because of dollar-cost averaging.

But if you want my guess as to where Cisco will be by the end of March due to the split, I'd say between $70-75. Good luck to you!



To: Kevin Winters who wrote (32649)3/4/2000 9:02:00 AM
From: Howard Feinstein  Respond to of 77400
 
Kevin, nice idea, but don't try to time an entry point, it's much too hard to do! Buy a piece of Cisco now, buy another piece on any dip, and buy again, until you have all you want invested in Cisco. Then just sit back, check the stock quotes every month, and feel good about your retirement investment! Cisco will not let you down, at least in the next 4-5 years! It will be affected by market corrections indeed, but it will more than make those up on the upswings. As good a stock as there is to let you sleep comfortably at night! OMHO

Howie



To: Kevin Winters who wrote (32649)3/4/2000 10:39:00 AM
From: Zoltan!  Respond to of 77400
 
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