I see nothing wrong with owning both INTC and CSCO. As a matter of fact, I purchased batches of Cisco years ago averaged at just under $13 per share. My INTC buys were not that great. My average is over $22.50. The point is, both are here to stay, will continue to grow steadily and reliably, and will pay a respectable dividend. I may add on dips from time to time but I'm not going to waste my funds buying and selling without some good sound reasoning based on more than just a hunch.
LOL at Lucy_nuff aka Toooofunnny
Re: I Just Sold All of My INTC and Bought CSCO
by nuff105.Dec 31, 2011 9:54 PM.Permalink
LOL! That was the Intel that he said was a BUY at 24.....after he capitulated (loss #1) that he then sold at 20(loss #2)........got into CSCO and road that down as well to 13 (loss#3).
HA! You can't make this stuff up! LUCY is SCORCHED with losses yet claims to be "the only one that ever gets anything right around here."