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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 76.11+0.9%Nov 21 9:30 AM EST

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To: bgg who wrote (34869)5/8/2000 5:07:00 PM
From: Dimitry A. Semenov  Read Replies (1) of 77400
 
Just my thoughts on the article...
I thought Barron's article presented good arguments as far as straight financial analysis. However, Cisco stock became a strongest investment brand name, it is in the category "no-one-has-ever-been-fired-for-owning-CSCO". I thing good portion of points on CSCO P/E has to do with this brand name strength. It will likely correct eventually, just like all tech gorillas do, but it will be when all the lucky 3mil baby boomer stockholders retire and cash in their CSCO.
P.S. I don't have CSCO now, would love to get back in the 40s.
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