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


To: Eski who wrote (35494)5/13/2000 6:22:00 PM
From: RetiredNow  Read Replies (1) | Respond to of 77400
 
How can I get killed in this market when the shares I have in Cisco have a basis of $15 per share? The people who get killed are the ones who sell then buy then sell then buy. How about just buy and hold? It's worked well for me for the last 20 years. I think I'll keep doing it thank you.

I wouldn't be surprised if Cisco doesn't make $82 by July. But who cares? I'm not selling. Fundamentally, Cisco is the strongest out there. I buy strong companies and trust that the stock will take care of me. I'm sure that sounds crazy to you, but we used to call that fundamental analysis.