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


To: RetiredNow who wrote (52329)5/4/2001 1:24:51 PM
From: GVTucker  Respond to of 77398
 
mindmeld, I am quite confident that no one who has been investing longer than a couple of months would think that tripling money in 4 years sucks.



To: RetiredNow who wrote (52329)5/4/2001 1:27:46 PM
From: Ed Forrest  Read Replies (1) | Respond to of 77398
 
Most of you probably think tripling your money in 4 years sux, but since I've been around awhile, I still think that's a phenomenal return. I still think it pays to buy and hold.

Mm

I'm not one that holds that opinion.

A triple in 4 years IS phenomenal.

I do agree that buy and hold for some issues is the correct approach but not for Cisco at its present level.

Cheers



To: RetiredNow who wrote (52329)5/4/2001 2:11:14 PM
From: Stock Farmer  Respond to of 77398
 
Hi mm (this is what I was referring to as now understanding multi first purchase).

As to 3x in 4 years being bad? No. It's phenomenal.

The part that most people don't seem to get is that over the last 52 months the returns from SUNW, IBM and CSCO are
448%, 231% and 249% Factoring in dividend reinvestment, CSCO is the WORST of these three.

Heck, even BCE a lowly Canadian Telco managed 379% return not including dividend reinvestment.

John.