SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?


To: Greg Jung who wrote (10398)11/11/1997 10:44:00 PM
From: Gerald Walls  Read Replies (2) | Respond to of 77400
 
A nice little bullish note: the bull/bear ratio on the login page here is now down to 137 bulls to 123 bears. This is the most bearish (which is good, contrarian-wise) that I've seen it since last spring, when everyone was going to quit using the internet and throw away their PCs.



To: Greg Jung who wrote (10398)11/12/1997 7:53:00 AM
From: Zoltan!  Read Replies (1) | Respond to of 77400
 
Greg, Tony and Yaacov:

Think about a Roth IRA and think about it for next year.

If you have a current IRA you get four years to roll it over. That limits the tax bite to some extent. The money will then accrue essentially tax free so long as it is not distributed before reaching 59.5.

A big additional benefit concerns estate planning, traditional IRA's are decimated by taxes at death, while Roth IRA's are to be taxed like other assets.

vanguard.com

Regards

BTW, I would still have some Cisco in there.



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