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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 78.00

+0.7%

3:59 PM EST

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To: Howard Bennett who wrote (28027)	8/30/1999 3:20:00 PM
From: hasan syed	Read Replies (1) of 77399

Econ cycles come and go. If you would've invested in the infrastructure days of the utility companies, I bet you would've made a fair penny by now. Is the long term growth of the internet over? I think not. This isn't to say that things cannot get out of hand. I"m just saying that given a long term outlook, you can't keep harping about PEs. These same folks that scare people out of selling stocks simply based on "valuations" or sky high PEs have totally missed the boat on most of the high tech growth stories. Best of luck to you. Regards, Hasan

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