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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 74.40-1.4%Jan 14 3:59 PM EST

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To: pass pass who wrote (50446)3/27/2001 10:04:40 AM
From: tonyt  Read Replies (1) of 77400
 
>Chambers said it himself: 9 more months at least.

Intel said the same. Intel also has a very high p/e for a company that depends on PC's at a time when PC sales are slowing. Kumar said last week that INTC can hit the low 20's, which caused INTC to crater to a 52 week low of 24 9/16 that day. DELL is also trading well above where a company with diminshed growth prospects (why should people buy new pc's? the ones they have can last another 5 years. They can also buy used pc's for peanuts!) -- And lets not forget MSFT. Who needs win2k? win95 is fine. And just forget about AAPL.
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