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

To: Paul V. who wrote (53700)	6/18/2001 8:13:30 AM
From: Kevin Podsiadlik	Read Replies (1) \| Respond to of 77400

"the recovery rate for is grim" for stocks falling beneath $10 per share. "Of the 437 companies that became one-digit wonders in 2000, only five have come back in 2001. That is on 1.1 percent." Is that really such a shocking statistic? The market itself has not recovered, and in fact the Naz is down a further 18% so far this year. Why should it be so surprising that few of the stocks in the market have recovered? Not to mention that of those 432 fallen stocks, I figure at least 300 were dot-bombs or similar that have never made money, never will, and had little business coming public in the first place. "Many professional money managers, like thos in charge of mutual fund porfolios, are barred by their firms' bylaws from buying sotcks under $10 My understanding is that this rule applies more to initiating new positions than maintaining existing ones. For that matter, any fund so inflexible that they would have to drop support even for Cisco the moment it hits 9.99 is a fund I wouldn't want my money in anyway.