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


To: Monty Lenard who wrote (47379)1/28/2001 5:18:16 PM
From: mary_a  Read Replies (2) | Respond to of 77400
 
Monty, I have to agree with you. When CSCO was trading at 60 everyone here was bullish and saying CSCO would be just fine. Then at 50 the bottom was put in and CSCO would be at 75 in short order. It ended up trading 40% lower!!! I am just thankful my glasses were not rose colored.

This is not good news and it appears Mr. Chambers is trying to prepare for a disappointment.

I owned CSCO for a good number of years and decided that it was time to sell in the high 80's. I can pay a lot of income tax on the difference between 88 and 30.

BTW, I did buy some back a couple of weeks ago but I may get to average down? Since I am long CSCO maybe they won't attack what I just said so severely.

Mary