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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 75.17+1.0%3:03 PM EST

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To: American Spirit who wrote (48489)2/8/2001 11:44:53 AM
From: chic_hearne  Read Replies (1) of 77400
 
But of course single digits is ridiculous with 48% (or 30-50%) growth and I know you're joking.

I'm not joking. $10 per share will represent about an $80 BILLION market cap. That should be about 2-3x sales by then with a trailing P/e on "real" earnings of 20-30.

There's nothing ridiculous about that. If 10 years ago you said at one point Crisco would be a $600 BILLION company on $20 BILLION in sales, no one would say it's possible.

If it can overshoot on the upside, why not the downside?
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