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

To: Dr. Bob who wrote (18091)	10/10/1998 10:41:00 PM
From: Joseph G.	Read Replies (2) \| Respond to of 77400

You sound as if you have been to the future - at least you are predicting it. The point of successful investing, according to Buffett and many others, is not to predict future, which nobody can, but to buy only what is fair or undervalued NOW, as you buy it. No one holds a gun to your head and forces you to buy above fair value. Buffett is patient and waits for the right opportunity, in his (vast) experience right opportunities will always present themselves. Suckers, OTOH, are impatient, and buy what they think will go up.