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

To: LindyBill who wrote (23058)	2/27/1999 7:56:00 PM
From: Paul Reuben	Respond to of 77397

"More money has been lost waiting for a correction in stocks like these than has ever been lost in the inevitable correction," says Erik P. Gustafson, portfolio manager of the Stein Roe Growth Stock fund. "Individual investors go through a torturous exercise. They follow a stock up and up and up, and they can never buy it. It creates unbelievable turmoil. Then if the stock does correct, those investors don't have the courage to step in because they think the world is coming to an end." On Oct. 8, 1998, Cisco sank as low as $41.13 as investors worried that the universe was about to implode. Did you scoop up some shares? Too bad. They now fetch $100. Worthwhile reading for all here: iionline.com