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Technology Stocks : Cisco
CSCO 73.11+0.3%Oct 31 9:30 AM EDT

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To: Paul Reuben who wrote (358)11/29/2000 10:13:37 AM
From: The Phoenix  Read Replies (3) of 405
 
So... just quickly checked a couple of things..

COMS trading at $2 over book value!
LU less than twice book
MRVC less than twice book
NT about 5 times book
CSCO still heady at about 13 times book.

Comparisons
AXP trading at 5 times book
WMT trading at 7 times book
XOM trading at 5 times book
MMM trading at 6 times book.

These are companies that are growing in single digits while the tech sector is growing in the double digits. Seems awfully strange..... talk about momentum to the downside.

OG
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