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

To: RetiredNow who wrote (75406)	3/14/2008 3:46:27 PM
From: RetiredNow	Respond to of 77400

Hi all, hate to say this, but I sold a good chunk of my CSCO interest this morning at $25, which has given me an avg annualized 14% return over the last 3 years. Not bad, since I originally had targeted a 10% minimum avg annualized return. However, I think it is prudent to get some powder dry. This is going to be an awful quarter for the market in general and I don't see things getting better until late 2009 or early 2010. So moving more money to my tax-free bond funds and cash. I still think Cisco is going to be a safer place than most, given how strong fundamentally they are. However, macro market dynamics are ruling right now. Keep It Simple, thx for your commentary. Helped me time my exit nicely. Note: I'm not a professional and this is not a recommendation for any course of action to anyone reading this post. Do your own due diligence in making decisions that will impact your finances. Good luck everyone!