Formerly About Applied Materials Message Board

STOCKTALK

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.

Politics : Formerly About Applied Materials

AMAT 261.90

+0.4%

Dec 26 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jacob Snyder who wrote (41976)	2/9/2001 4:31:35 PM
From: Ian@SI	Read Replies (1) of 70976

OT to Jacob, I still wouldn't rush into CSCO. Last fall, I would have thought it a steal at $50. But that was before it was obvious how much market share JNPR would steal with its NT and ALA alliances. With the analysts now forecasting long term growth rates of 20-30%, I can't see it holding its current multiple. And even a 30 multiple would have it fairly valued at about $20. To make any serious money relative to an AMAT investment during the next year, one would have to believe that CSCO will continue to get a multiple of 70 or better. I guess I'm still looking for a good reason to buy into a sector that is still being sold off as opposed to the SCE stocks that seem to have found a bottom and are bouncing somewhat. Ian.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next