CSCO - Reason To Buy ?? Message Board

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Technology Stocks : CSCO - Reason To Buy ??

CSCO 74.45

+1.8%

Nov 3 9:30 AM EST

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To: David Parker who wrote (506)	10/18/1996 9:36:00 AM
From: Greg Jung	of 588

>> but with all the recent bashings associated w/ relatively strong >> earnings . . . I was holding 65Oct calls, so I've been watching its price in past days very closely. The whole LAN/etc secctor got a big boost from the 3com earnings fluctuation, 3com especially so. The relative valuations cisco/3com was $55/$50 on similar PEs, and cisco has traditionally garnered better trailing PEs, also. So why hasn't cisco caught up w/ 3com? They announce last, 3com first in the series. So the news chasers are not so interested at the moment. I think cisco has another leg up to make relative to 3com anyway, and the slow grinding rise it makes (as opposed to the bigger moves) have come against opposing forces in the last few days. I'm thinking that approaching options time, these stocks begin to approach the nearest convenient strike price. So getting away from 65 was difficult. Anyway, enough. It'll go up and down, but its not going away, and it may never get back.

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