Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Eric who wrote (10589)	11/30/1997 3:49:00 PM
From: Magnifique	Read Replies (1) \| Respond to of 77400

Dear Eric, thank,s for sharing and kind words,I totally agree that with names like CSCO and patience even bear market is just temporary and usually much shorter event.. I also lived through 1987,although,I actually had S/P 100 puts September strike, so they did not do much good,as market collapsed 3 week after their expiration.... few years later friend of mine lost on CSCO $120.OOO and asked me to recover it for him ,if possible,that was one of a few times CSCO sold sharply and fast, I recovered his loss + some change for him within 3-4 month.... Eric I am a trader and money manager, for me capital flow coming only,if I have money management discipline... if I took a trade and my capital down 5-7% even 3 minutes after purchase, I would sell..... The reason I put on this thread original message IS: even with 14% shakeout, most of the long term holder,s, mutual fund investors,and general public complacent.... I do not have position in CSCO, but my message was directed to people , who already putting price tag on stock that is as overvalued as most of this market even after 'Correction" I wish all of your,s dreams will come true, but experience taught me,that nobody from MSFT to IBM to CSCO is infalluable.... as long as institution,s love the stock and/or market,but if they don,t....better be protected ,You probably remember IBM at 350 or Digital at 185 now everebody satisfied with 1/3 of price..... in 1987, we did not deal with global problem..Anyway I wish all of you the best of luck and as of the moment CSCO chart look GREAT, Regards Magnifique