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


To: MHA who wrote (57764)2/20/2002 7:03:32 PM
From: JeffT  Read Replies (1) | Respond to of 77400
 
It all depends where you start your hindsight from. If you were doing it in March 2000 then all the non-owners during the 1990's were the nuts. If you look from our current perspective then the long term holders are crazy (like me!). If you use hindsight from say a perspective of July 2005 or March 2007 then who knows.

All we can say for sure is - those that bought low (in the 1990's) and sold high (in early 2000) were pretty smart - give them credit and don't say lucky. But do not write off the future from here just yet. No one anticipated 82 as a high when we were in the 1990's, nor did we anticipate a recent low of 11 when we were in 2000. There were always bears and bulls making predictions of great new highs or impending doom, but they did not really know then the future then nor do they know it now. If they did, they were would be somewhere else instead of here I think.

A lot of rambling that really says nothing. <g>

Jeff