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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?

To: The ChrisMeister who wrote (14984)	7/10/1998 8:39:00 AM
From: Lou S.	Read Replies (1) \| Respond to of 77400

Hey Chris, You sound like a newcomer to investing . Welcome. Your right in your assumptions that there are no guarantees in market performance of ANY security, but if you look back over past 50 years, you'll see a pattern of continued growth ( look up DOW performance) If your nervious, put your savings into CD's, but if you believe in our economy and the future - pick the best companies you can find, due DD and make an investment. Growth also depends on your expectations for return and also your time frame . Good Luck - FYI, I am long on CSCO and plan to keep this stock until I need the $ for retirement

To: The ChrisMeister who wrote (14984)	7/10/1998 1:39:00 PM
From: IBthinkin	Respond to of 77400

Sorry about the format problem from my previous message. I guess they didn't have to indicate that I was a trial user. I received a tip from a guy I was going to grad school with at the time I bought in 93. He got in during 1990, and had already become a millionaire during those first three years. Even though you're probably right about the likelihood of another 1000% increase in the next 5 years, the technology wave sweeping the world leaves many possibilities open. If I had money to invest(I am currently 97% stock) I would look into leaps. If you look at the premiums for 00 and 01, there's not a whole lot of growth factored in. CSCO is up about 67% ytd, so the longer you wait the more expensive it looks. I've done the same thing with DELL. Had the chance to buy in the 70's and now it's flirting with 100. Risky business, the stock market. kc