SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 76.11+0.9%Nov 21 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: lawdog who wrote (36110)5/22/2000 6:26:00 PM
From: The Phoenix  Read Replies (3) of 77400
 
Lawdog,

Cisco's trailing PE at this price is about 100.

2001 PE (assuming you believe that CSCO has only 30% earnings growth next year) is 80. With reasonable growth (35%-40%)the 2001 PE is in the low 70's. I'd like to note that earnings estimates for 2001 have been creeping up every month so I feel the 70 figure is closer to reality. Cisco's historical earnings growth has been 43%.... 3 times faster than the industry.

Yes... the PE is high but given growth it's not outrageous.... especially given the track record.

OG
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext