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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 76.28+0.1%Nov 25 3:59 PM EST
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To: Victor Lazlo who wrote (51717)4/17/2001 11:40:49 PM
From: Wyätt Gwyön  Read Replies (1) of 77400
 
if things get that bad, would you not be able to find better growth stock opportunities elsewhere?

at $3, i think cisco may be a value stock. but i could very well lower my buy target again. if they really are only going to make 4 cents a year, then i won't pay more than 40 cents (PE of ten). come to think of it, 40 cents is not a bad price, and represents an impressive return of more than sixfold for those who bought at the IPO. however, wreckless bull that i am, i will hold onto my 3 dollar buy target a bit longer.
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