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


To: Tulvio Durand who wrote (43207)11/8/2000 10:38:03 PM
From: Monty Lenard  Read Replies (1) | Respond to of 77400
 
Whoopee! How does it feel to see all that profit evaporate? Oh, I forgot if you had sold 50% higher you would have had to pay tax at 20%. Right now after tax I figure you are 100,000 below where you should have been if you bought 10000 shares at 2

Monty



To: Tulvio Durand who wrote (43207)11/8/2000 11:53:08 PM
From: Stock Farmer  Respond to of 77400
 
Total return of -$2 until you sell.

Total lost opportunity >$20 since summer slide (= 1000%)

Total lost opportunity today > $4 (=200%).

It's all in how you look at it I suppose.

Me, I bailed from tech mid summer as posted, watching the carnage from the sidelines. Even after tax, I could re-establish the entire position with a few hundred percent of my cost base of real profits "left over" to play with.

If I were so inclined.

Great company, market skittishness still attaches a high risk to the price.

Don't envy you having to decide whether to ride this out or take profits. At least you'll likely end up somewhere in the black.

John.