Stock Attack II - A Complete Analysis 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.

Strategies & Market Trends : Stock Attack II - A Complete Analysis

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: JRI who wrote (2180)	3/7/2001 1:09:22 PM
From: Andy H	Read Replies (1) of 52237

I agree with the thought the tech will be revaluated to the 1991-94 valuations. The semi equipment makers will have to fall quite a bit to hit those valuations unless orders pick up right now. In spring 1994, CSCO "warned" that its growth would fall to the 6-8% sequential quarterly growth range (that was viewed as quite a disappointment back then!) and the stock tanked to a forward PE of around 15-and that PE was with those 1994 growth estimates that it would love to have now. Give CSCO a 15 forward PE today even with its barely visible growth rate and you come up with a price target a lot closer to $10 than $20.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next