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To: Pancho Villa who wrote (11794)	12/6/1997 10:30:00 PM
From: craig crawford	Respond to of 45548

<< I happen to disagree with your view. A contrarian opinion (i.e., buying low when the outlook is bad and selling high when people are cheerful and confident) has served me well (for example, I would be selling Cisco now, at a fair if not overpriced level). >> It has served me well too. But every story is different. Buying C$CO at 46 when everybody was selling was a good contrarian move. Buying CS at 30 when everybody was dumping cost you half your investment just a few months later. << Just a waste as only time will tell. Let's wait. >> Precisely what I've been saying. Let's wait and see what happens when Santa goes back to the north pole to hibernate for another year.