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

To: Jacob Snyder who wrote (25556)	5/12/1999 2:10:00 PM
From: MU Lation	Read Replies (1) \| Respond to of 77397

The bottom line is...are you a trader, market timer or investor. Or, combination of the above. Your risk in trading CSCO is timing. Yes, it may correct, but for how long. Also, if this is in a taxable account, you pay the taxes (If you have owned CSCO for long, this is big). Ive wrestled with the same feelings and have sold SOME CSCO over the past 5 years...only to regret it big time. Options may be the best way to alay your fears. As far as this statement "I've only made 6 times my original investment since April 1997, and I'd like to do much better."..your greedy! Best of luck. Long, Long, Long CSCO MU

To: Jacob Snyder who wrote (25556)	5/12/1999 2:12:00 PM
From: LindyBill	Respond to of 77397

Convince me not to sell all my CSCO today You only have a 6 bagger since 1997, two years ago, and you would like to do much better. On the other hand the market is way overvalued, and will go down 20%. Hmmm.....How are you at shooting crap in Vegas?

To: Jacob Snyder who wrote (25556)	5/12/1999 4:24:00 PM
From: David Rubin	Read Replies (2) \| Respond to of 77397

I had the same thoughts as you, twice before in 1992 and 1994. Stock was overvalued, was hitting resistance, looked due for a fall, blah blah blah. Each time I sold half of my shares. Each time within 6 months the stock doubled. So much for market timing. If I had held on to all my shares my sizable position in Cisco would now be worth about 5 times what it is today. You can try your hand at market timing but if you're in it for the long term your safer staying put. Much of the time the stock market defies all logic.