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


To: GVTucker who wrote (52251)5/2/2001 3:46:11 PM
From: Prince  Read Replies (1) | Respond to of 77400
 
Thanks the response.

I wasn't as clear as I meant on a time frame to buy a beaten down stock. I think what I heard was that you should buy the stock with the thought the companies sales will turn around in six to nine months. Holding a stock for years or minutes depends on your style of making money.

So you don't wait until the turnaround to actually happen to buy, but purchase at least six months before it happens, when things are still gloomy and uncertain. This seems to make sense, if the company is a solid company and has a proven track record and factors are in place to help with the turnaround.