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


To: jach who wrote (17201)9/19/1998 6:48:00 AM
From: Clint Todish  Respond to of 77397
 
>>
big gain for those that sold csco and converted, see copy of reference post below:
too bad for some still holding on since 9/9.
Now, let's see the comparison in approximate numbers:

For those followed the conversion
---------------------------------
FORE 18.45 -> 20,45 = a gain of 2$
ASND 44.5 -> 46.5 = a gain of 2$
COMS 26 -> 30.4 = a gain of more than 4$
bonus CS 8.25 -> 10.25 = a gain of 2$
TOTAL profit since 9/9 in this bad mkt = 10$

For thos who still holding on
-----------------------------
CSCO (split adjusted) 61.5 to 61.1 = a lost of 0.4$ (too bad)
<<

DOH! That's great if you're into day trading, but let's revisit
this comparison in a few months - speaking for myself, I'd rather
have the only serious long term contender...the only guaranteed
network game in town. I predict we'll be over 72 by Q1 earnings.

-C



To: jach who wrote (17201)9/19/1998 11:00:00 AM
From: The Phoenix  Respond to of 77397
 
Yes, you're right. As of 9/9 Fore, Asnd, and Coms all performed better. Let's revisit in a year....uh....well... I guess that won't work will it. Asnd will be LU, Coms will be Intc, and Fore..uh...Fore will be Fore-gotten.

OG



To: jach who wrote (17201)9/19/1998 11:36:00 AM
From: jach  Read Replies (1) | Respond to of 77397
 
it's interesting to see when one falls in love with a stock; mentioning things like "delusional" and "acting as little kids" do not seem like mature people acting in a reasonable way. Short to the point, the postings are based on considerable research and facts and it's IMO, it's up to one to decide what to fo; the bottom-line is that the ones who converted made more than 11% in 10 days, and the ones that did not lost some money, it's plain and simple.
Note that the four companies picked was not just for sake of picking; hours of research was put in; asnd - getting large contracts recently with their 500/550 ATM swicthes; COMS getting top award for their lated corebuilder switch; FORE getting numerous enterprise contracts for their ATM swicthes and ASX4000 has receibed great tech reviews; even for the bonus CS (can mention tons of others althernative here) for their latest GB switch that received very good review and customer feedbacks. In addition, from researching GB startups, a number of them had received considerable contracts from large companies and in some cases at the expense of large companies such as COMS and CSCO.
So, although seems like a quick 11$ profit for those, bear in mind that it was not just put in for a qucik day trading scheme without any merits.
BTW, when posting, based on the posts with some meaningful facts; the possibility of a stock dropping in half is always there; one should jsut look at some of the stocks that drooped from thei highs; if CSCO post a waring it can drop in 1/2 within a short time frame; that's a fact and not delusional thinking.



To: jach who wrote (17201)9/19/1998 1:00:00 PM
From: jach  Respond to of 77397
 
Look for another conversion post like this one that can potentially give better appreciation and less downside risk

Message 5790763