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To: Skeeter Bug who wrote (123853)	4/19/2001 8:02:02 PM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 164684

the avg purchase price since 1992 was about $37. OK I see what you are doing. However, if one bought in the open market in 92 and held continually they waould have done fine. I am not one that has done that<G>

To: Skeeter Bug who wrote (123853)	4/19/2001 11:36:46 PM
From: Victor Lazlo	Read Replies (1) \| Respond to of 164684

I don't follow your argument at all. Is it that you think anyone in csco bought at 37 and never sold? I sold csco last August for a triple gain just since early 1999, and I also traded it twice last yr on the earnings anncmnts, made great grocery money both times. So i guess that means somebody else out there had to buy at 130 and is still holding, just to make up for me ?! Victor

To: Skeeter Bug who wrote (123853)	4/20/2001 10:05:47 AM
From: Kevin Podsiadlik	Read Replies (1) \| Respond to of 164684

Skeeter, hate to throw a monkey wrench in your figures, but are you split-adjusting the trading volumes? It seems kind of unbalanced to so severely underweight the prices from the early 90's when the total shares outstanding were less than today's average daily volume. To put it another way... remember, if you buy 1 share at $1 and 100 shares at $80, your breakeven point is about $79. In CSCO's case that's wrong. If you bought 1 share in Nov 92, when CSCO was trading at what is now, after split adjustments, $1 per share, today you'd have 72 shares at that $1 cost basis. So if you later bought 100 shares right at the top (not quite $80, but I won't quibble), your breakeven point is really about $47.