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


To: Ed Forrest who wrote (35300)5/10/2000 7:28:00 PM
From: Monty Lenard  Read Replies (2) | Respond to of 77397
 
My Dear Ed, how are you this fine evening? I hope this note finds you fit as a fiddle. BTW, just ran across this little tid bit that I thought I would share with all my new found friends on this thread.

"The average man sees a stock that nobody wanted at twelve dollars or fourteen dollars a share suddenly advance to thirty-which surely is the top-until it rises to fifty. That is absolutely the end of the rise. Then it goes to sixty; to seventy; to seventy-five. Whereupon the average man, who never thinks of values but of prices, and is not governed in his actions by conditions but by fears, takes the easiest way -- he stops thinking that there must be a limit to the advances. That is why those outsiders who are wise enough not to buy at the top make up for it by not taking profits. The big money in booms is ALWAYS made FIRST by the PUBLIC -- ON PAPER. And it REMAINS on PAPER!"

Monty