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Revision History For: CISCO SYSTEMS?

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One stock that I am looking closely at is CISCO Systems, however, the
stock in my opinion is over priced. They have had consistent growth
since the company started in 1984 by a few computer science engineers/programmers to a $4 billion company. They currently have a strong cash flow with zero long term dept and they are in an industry that is rapidly expanding, the INTERNET. They currently trade at about $48/share with a P/E or about 41.

What do you think, I would like to know.

Pat