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

To: faqsnlojiks who wrote (69486)	1/9/2006 10:32:48 PM
From: RetiredNow	Read Replies (3) \| Respond to of 77400

Well, I think it boils down to the daytrader's versus the investor's mentality. NO ONE knew Cisco was going to be flat all of 2005. Everyone made guesses. Investors buy and hold for long periods of time. Daytraders try to time the market. Statistics show that people who try to time the market consistently underperform those who diversify their holdings. I am an investor. I bought when I believed the stock was at a low with the express purpose of getting 10%+/year return. I've accomplished that in the last 12 months and I believe I can get another 10%+ return on the stock in the next 12 months. So will I hold for another year, it's looking like I will.

To: faqsnlojiks who wrote (69486)	1/9/2006 11:37:39 PM
From: Elroy	Read Replies (1) \| Respond to of 77400

If you sell...realizing your 10%, yes, I'll admit that you met your investment goal, however small. But, if you decide to hold, well, I guess the jury will still be out, huh? Whether he holds or sells, he still has a 10% gain in his one year time period. Now you also know that I'll have to point out that you had DEAD-MONEY for 11 months. In my, and many others opinion you wasted a lot of time waiting for this latest bounce. Not meaningful. When its 2010 and he tracks his annual performance for the previous decade, 2005 will still show his desired 10% increase. Face it, all he wanted was 10% in a year and it looks like he's going to get it. Whether he sells and in which month of the year he got the increase don't matter.