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

To: Thomas Scharf who wrote (9911)	10/29/1997 10:02:00 AM
From: sepku	Respond to of 77400

>>>I'm happy with this treadmill, even at so called full value. Wouldn't you put your money in a long term CD account that offered 30% average annual returns? Well, glad you're happy with it...just because I think it's overvalued doesn't mean I think anyone else should sell it. I could care less about everyone else's returns. And I don't believe CSCO is going to grow 30% a year...those 3-5 year estimates are a joke. I wouldn't be surprised its growth slows sequentially, year over year, as it gets more obese and immobile. Oh, and that 30% in CSCO I'll be able to make in any number of other stocks like CYMI and ASND within 3 months. 30% in 12 months isn't worth my time. >>>CSCO is a good investment if you have even a little patience. If you go for the fast gain, you risk the fast loss. It's all a matter of style<<< That's funny...I thought I knew that since I've been holding 4000 shares @ an average of 32 (thanks to splits) for over 2 years, that qualified as being patient. As of yesterday's close at 80, I was up 250%. I don't think this can be termed a "fast gain", nor am I anywhere near at risk for a "fat loss". I still have yet to dump these shares...no hurry, though. I'm waiting for some more suckers to come in. Maybe someone's dumb enough to pay $90 for my shares? Style Pts.