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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 77.38-0.5%Nov 18 3:59 PM EST

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To: Paul Reuben who wrote (45208)12/20/2000 8:51:42 PM
From: The Phoenix  Read Replies (2) of 77400
 
Paul,

That is unbelievable.... I just finished reading that Lightreading article detailing the Merril "analyst's" position. SO he says that "we don't see any impact to Cisco going forward and our revenue and earnings forecast hasn't changed". Yet they downgrade the stock because the PE is too high.... even though the PE is lower than the earnings growth that he is forecasting.... LOL! Is this guy for real? Why oh why don't these guys pass the crack pipe to everyone? Just goes to show you... and the lemmings sell off another $40B based upon this guy!? LOL! At this rate I may have to increase my holdings in CSCO... it's turning into one hell of a bargain.

OG
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