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


To: RetiredNow who wrote (52588)5/8/2001 10:45:16 PM
From: SouthFloridaGuy  Read Replies (1) | Respond to of 77397
 
How does your past return help somebody who is interested in deciding between two investments today?

Second of all, why do you assume that he had his money invested in CD's since 1997?



To: RetiredNow who wrote (52588)5/9/2001 1:20:04 AM
From: Stock Farmer  Read Replies (2) | Respond to of 77397
 
Mindmeld: Wrong

On $7 shares purchased 4 years ago there was a 200% return in the first two years, then effective zero return thereafter to today. Pre tax.

Those who bailed with me from the same starting point on the other hand took a ninefold return cashing out at $70, earned 6% on the full 10x (oops, another 0.6x) and then paid taxes last month of 1/3 to hold 7.5x gain... after tax.

Compare away. The point is there is a time to be in and a time to be out. One size fits all? No.

John.