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Strategies & Market Trends : Dividend Growth Investing and chit chat. -- Ignore unavailable to you. Want to Upgrade?

To: Dave the wildpitcher who wrote (1811)12/18/2021 10:41:56 PM
From: jvincen2  Respond to of 2146
 
I owned CSCO then, easy to ignore that. When it got harder was later when time dragged on afterwards.
Owned QCOM back then too. The dot com meltdown has some similarities to right now.
High flyers with no real fuel got shot down first. It took awhile longer for some. others to fall down.
You know why AMZN made it through ? All the capital here was drying up fast but they had been actively securing funds in the overseas capital markets and the ink was still wet on that debt paper when the real meltdown happened.
A lucky timing event.
Vince



To: Dave the wildpitcher who wrote (1811)12/20/2021 3:40:00 PM
From: Markbn2 Recommendations

Recommended By
jritz0
jvincen2

  Respond to of 2146
 
Re: CSCO from the IPO


Yes it was. But everything I read at the time, as well as some information from other friends who worked in the industry, led me to believe that they would emerge in solid financial shape. And they would remain at the top of the heap in technology. So, I held. Quite unpleasant at times, but over the very long term, still very profitable.


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