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


To: Stock Farmer who wrote (51180)4/6/2001 2:56:23 PM
From: RetiredNow  Read Replies (1) | Respond to of 77398
 
Well, I think I am being conservative, meaning that I am not going to buy more until I know what they are going to do to clean up their financials. But as to why I won't sell my Cisco hoard of stock, it's because I've held for 4 years now and I think that I can get a pretty good return over the next 5 years with this company. Now with 20/20 hindsight, I would have sold in March of 2000, and then bought back in chunks starting in May of this year. I guess that would have been the best thing to do. But given the situation I'm in now, I'd rather just hold on, because I think we are close to the bottom and I don't want to mess around with timing the market.