To: Greg Jung who wrote (10398 ) 11/12/1997 1:17:00 PM From: TonyE Respond to of 77400
Message from Greg Jung on Nov 11 1997 10:08PM EST Greg jung said: Tony, just leaving it is fine if there are several other components to your stock collection. However if this is the biggest you have then it would be prudent to trim it gradually to put into other investments. Cisco is not a government, well nothing compared to the US government, anyway, and a market shock or stock-specific shock could come along and wipe a lot out. People felt the same way you do about their Kaypro shares, also. Greg Well.... in 1990 I put a bunch of cash into a San Diego real state.. just before the real state crash. We were contrarians... we bought a prime lot for peanuts, we got the building built for $US 1 million less than expected and we built more than enough cash reserves to tide us until we could get a reasonable mortgage -and more. The building is a top notch office building in Rancho Bernardo, and we have a waiting list to get into it. Even in the depths of our recession, we had it an over 85% occupancy. Today we are have made an excellent return on our money... So, talk me about risk. I made money of the California Real Market in the early 90s. And you think that Cisco is a risk? HA! compared to our real state experience, Cisco might as well be Fort Knox. But... we do have other investments too. Cisco is one my key components in stocks which in itself is one of our financial components. Besides, I once worked for one of Cisco's competitors. They are truly an awesome competitor -so much in fact that some of our group -the single ones who could move to the Bay Area- took jobs up with Cisco. At one point, the company was thinking of suing Cisco for raiding our staff -how foolish! Tony