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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?

To: the dodger who wrote (20888)	3/21/2000 10:29:00 AM
From: Bruce Brown	Read Replies (2) \| Respond to of 54805

RE: Cisco being dodged by 'the dodger' In 1990 (or 91?) there was some newbie stock....you market-timers/traders need to realize this ( I just remembered the name)...the name of that company was Cisco. I've never calculated (for sanity reasons) what my investment would be worth today, but I'm sure whatever it is, I wouldn't be here writing this note.... Whether you calculated it or not, bought it and held or bought it and sold - it shouldn't change one's focus or desire to post here and continue hunting gorillas. The good news is opportunity will always exist around the corner and we, as investors, can hopefully learn from our previous experience - sane as well as insane decisions. I don't know when you bought Cisco, but it started trading on February 16, 1990 at $18 per share (I always thought it was April 20, 1990 for some reason and apologize for posting that here yesterday). Since then (had you held) there have been six 2 for 1 splits with the seventh 2 for 1 coming tomorrow - or at least the distribution is tomorrow - and two 3 for 2 splits giving you a bundle of shares. In fact, more shares than a lot of investors have in dollars! Before tomorrow's split which will occur after the close, the split adjusted price of the IPO stands at .12 cents. On Thursday that will drop to .06 cents. Here's the historic split information: investor.cisco.com Here's a link to the Cisco FAQ: investor.cisco.com Considering you bought 500 shares at $20, does it really matter if today - split adjusted - the cost basis was .12 cents or .14 cents? <ggg> Today you would have 72,000 shares which is $9,648,000. After tomorrow's close and at open on Thursday you would have 144,000 shares which would be worth about the same. <ggg> $10K turning into almost $10 Million in ten years. That's more or less a 166,000 % return that you held in the palm of your hand. You are not alone in your 'insanity' as many people cashed in early on Microsoft, Intel, Cisco and other companies for a variety of reasons. It was all a pipe dream..... BB

To: the dodger who wrote (20888)	3/21/2000 1:12:00 PM
From: straight life	Respond to of 54805

In 1990 (or 91?) there was some newbie stock... Good one... but I've got a better one. I bought CSCO the week it went public... sold it 2-3 weeks later. Made about 300 bucks. Years later I bought LDDS, held it for about a year... stock moved not at all. Finally sold it. Eventually they changed their name to Worldcom. I don't mind: really. In '97 I bought Qualcomm. It went down for a year. I kept buying *because I remembered my earlier mistakes. I made... a ton of money. Mistakes happen. What's important is learning from them. Buy quality; stick with it.*