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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 73.11+0.3%Oct 31 9:30 AM EDT

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To: jach who wrote (22432)2/11/1999 3:04:00 PM
From: michael modeme  Read Replies (1) of 77397
 
Overpriced, overpriced, overpriced -- CSCO has always been "overpriced", and yet it keeps going up, up, and up. Why? -- EARNINGS!!!! They've been growing their earnings/revenues at 35+% per year, only DELL can claim better results (another overpriced stock). Only CHANGES in P/E matter when it comes to stock price dynamics.
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