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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 73.11+0.3%Oct 31 9:30 AM EST
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To: Paul Reuben who wrote (22032)2/5/1999 12:08:00 AM
From: Paul Reuben   of 77397
 
From my local paper:

Perhaps the most solid of all Internet stocks is Cisco Systems Inc. (CSCO), which supplies networking products that are essential to all Web activity. Cisco, for instance, has an 85 percent share of the market for routers, which tell messages where to go. The stock took a dive in October to $43.88, but it closed yesterday at $112.39. Cisco makes real money, too -- $1.4 billion last year, up 30 percent, but its price-to-earnings ratio, based on estimated profits for the fiscal year ending in July, is 73.

washingtonpost.com
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