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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 72.10+1.4%Nov 10 3:59 PM EST
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To: Stock Farmer who wrote (49665)3/8/2001 2:50:46 PM
From: RetiredNow  Read Replies (1) of 77397
 
Good post. One thought, though: is Cisco really a growth company? I thought a growth company was defined as one that has an increasing rate of revenue growth. Cisco's growth rate will more than likely decline over the next few years, even though it will continue to grow at incredible rates for a company its size. So if we don't label Cisco a growth company, then PE isn't such a bad measure to use as a rule of them for them. JMHO.
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