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


To: Frank Ellis Morris who wrote (50903)4/2/2001 8:51:36 PM
From: puborectalis  Respond to of 77397
 
"....Even if they sell the stock in 2001, all they end up with is a small amount of cash and a huge capital loss — virtually worthless unless they have future large capital gains. For some people caught in situations like this, personal bankruptcy might be a good strategy. Although bankruptcy does not necessarily eliminate tax liability, it could put the taxpayer in a better position to bargain with the Internal Revenue Service..."



To: Frank Ellis Morris who wrote (50903)4/2/2001 9:00:20 PM
From: RetiredNow  Respond to of 77397
 
Frank, damned if I don't feel the same way.



To: Frank Ellis Morris who wrote (50903)4/3/2001 11:48:08 AM
From: Yaacov  Respond to of 77397
 
Dear Frank, don't be so negative! I think you will eat your words on the 20th of April! ggg Don't ask me what will happen on the 20th of April, buy you simply remember that date, but I know that is an important date! You remember!ggg
I have secured my safty belt and I am going to stop looking out of the window! No sense to try to follow this market day-by-day, or guess at it at this point! Any good news is bad for the marekt andy bad news is bad! I think this market is manipulated and I am not going to let the smart money screw me. I stay on the side and wait it out! It will in time change direction! CSCO is a disappointment, but it will not disappear! Keep posting

Kind reagrds

Yaacov



To: Frank Ellis Morris who wrote (50903)4/9/2001 4:46:19 PM
From: Skeeter Bug  Read Replies (1) | Respond to of 77397
 
frank, having lived through the biggest bubble in history, are you net financially up or down in your market experience. if you don't want to answer, that is fine - no need to curse me ;-)

my thesis is that bubbles *always* destroy wealth, they don't create it.