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

To: Dave who wrote (66623)	11/28/2004 3:49:28 PM
From: Kirk ©	Read Replies (1) \| Respond to of 77400

RE: "A fool and his money are soon parted." You should not speak unkindly of the person who bought my Cisco shares. I sold Cisco at about $24 and bought VLNC at $3.83. Cisco is now at $19.23, down about 20% VLNC is down 4¢ to $3.79 for a 1% loss. FWIW, take a look at who'd buying all the VLNC shares. biz.yahoo.com It is a director who also owns 6M of the 80M shares outstanding. If you look at the insider roster, he and his family own over 50% of the outstanding shares finance.yahoo.com What he is doing is investing his own money into the company to fund operations and than taking shares at the going rate. All else being equal, what would you rather own? Company C who's CEO sells millions of dollarw worth of shares each quarter then uses cash from earnings that could pay a dividend to buy back shares to cover his dilution tracks. or Company V who's CEO invested about $16M of his OWN MONEY into the company in exchange for more shares at the going rate? finance.yahoo.com If you need any help with this difficult, trick question, then I suggest you look at Enron and see if Ken Lay was buying or selling shares as Ernon crumbled around him. DISCLAIMER: , I am not recommending anyone sell their Cisco shares and buy VLNC. I only owned Cisco for an easy trade between $17 and $24 then I decided to put the capital to work in a different way.... It is a tiny fraction of my net worth and not a recommendation on how to allocate assets. I don't even have VLNC in my newsletter portfolio because I want to be able to get out or in quickly and not worry about charges of "front running."