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

To: Stock Farmer who wrote (52613)	5/9/2001 6:53:02 AM
From: kvkkc1	Read Replies (1) \| Respond to of 77397

re: 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. > You're slipping. 6% is .06x, not .6x knc

To: Stock Farmer who wrote (52613)	5/9/2001 10:19:23 AM
From: RetiredNow	Read Replies (1) \| Respond to of 77397

Well, you got lucky, because you had a crystal ball that none of the rest of us have. Without a crystal ball, the best you can do is pick long term winners and hold on. If there are market shocks that affect the stock, the best thing to do is hold on, because you don't know when it will rebound. I've found dollar cost averaging to be a tremendous tool to fight unpredictability. I've used it with my mutual funds and am continuing to use it now with Cisco. It will payoff.