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


To: Harold S. Kirby who wrote (22279)2/9/1999 1:13:00 PM
From: The Phoenix  Read Replies (2) | Respond to of 77397
 
Just went and looked. COMS down 2.3% and CSCO down 2.9%. So, yes you're ahead by .6%. However, I suspect...perhaps incorrectly, that CSCO will bounce much more quickly than COMS. If so, you existed CSCO after a 20% haircut to get into COMS which will likely bounce...10% until they announce their next poor quarter. I will say this though. I'm a poor short term trader and typically buy a company for the long term...adding at dips. CSCO is a core holding of mine and I don't see death here at all. So, when these things happen I add. At this point however I'm averaged so low on CSCO that I am chosing to add other's as ASND, T, WCOM, EDS, GEOC, ELON, and even YHOO...to name a few. I think these are all winners and there are some bargains to be had. I've even picked up a little XYLN and FORE just for the takeover speculation.... COMS however... just can't get myself to go there. You're a braver man than I and I hope you do well.

OG



To: Harold S. Kirby who wrote (22279)2/9/1999 4:53:00 PM
From: The Phoenix  Respond to of 77397
 
Just to close out the day.

COMS off 5.87%
CSCO off 5.89%

Question is, which will come back faster? Sold your CSCO to buy it back at a higher price? Should have just hung on my man. ;)

OG