Cisco Systems, Inc. (CSCO) Message Board

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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 78.25

+0.6%

3:59 PM EST

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To: Howard Feinstein who wrote (34419)	4/27/2000 12:08:00 PM
From: Zoltan!	of 77400

Lehman Bros. Strategist Likes Tech Infrastructure Stocks Dow Jones Newswires NEW YORK -- Lehman Brothers Inc.'s chief investment strategist thinks many technology stocks are still bargains. In a CNBC interview Wednesday, Jeffrey Applegate said earnings growth and revenue growth "well in excess of the market" justifies relatively high price-to-earnings ratios. While he did not say which stocks he considered bargains, he did recommend lightening up on business-to-consumer electronic-commerce stocks and overweighting infrastructure stocks like Applied Materials Inc. (AMAT), Cisco Systems Inc. (CSCO) and EMC Corp. (EMC). interactive.wsj.com

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