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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 73.99+3.1%Nov 12 3:59 PM EST
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To: Zoltan! who wrote (33149)3/30/2000 12:04:00 PM
From: Kashish King  Read Replies (3) of 77398
 
Well, this 500 billion dollar company's PE is about 10 times what it ought to be. Maybe it's only 8 times or 5 if you're more aggressive. I praised the company but there is no justification for this price. No amount of attacking is going to change that. When the stock drops like a rock, you all will vanish into thin air. How often have we seen that happen on these discussion boards? Like I said, Cisco is a fantastic company. Claiming the PE is historically an expensive one says nothing about the current level. Should the PE rise from 200 to 2000, are you going to make the same worthless remark: "Ah, duh PE is always expensive. Duh company always gots competition. Ah duh..."
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