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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 72.11-0.3%3:59 PM EST

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To: Wyätt Gwyön who wrote (49864)3/12/2001 10:21:48 PM
From: Mark The Trader  Read Replies (2) of 77397
 
$ 6 ??? So you think CSCO should have a market cap of about $ 42 billion and a price sales ratio of 2 ??
O yea that would also put CSCO at about 1.5 times book and give it a p/e of less then 15 . Lets think about this, even in a worst-case scenario where CSCO has zero growth over the next year that price is target is to low. I suppose you think the Nasdaq will go to 1000 also?? I would be surprised to see CSCO trade under $ 12. Soon these stocks will be considered "value stocks" at these prices.
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