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Strategies & Market Trends : Analysis Class for Beginners

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To: Monty Lenard who wrote (1354)	5/8/2001 5:32:50 PM
From: TechTrader42	Read Replies (1) of 1471

Yes, CSCO's P/E is only 50 now. What a bargain! And EMC's -- 50, too. And QLGC -- only 79. And GE -- only 38. I'm sure glad the bear market's over, and that it didn't hurt all that much. I'm glad everything's going to go all the way back up again. It's all so nice. Oh, and I'm sure glad CSCO lost only $2.69 billion -- and that profits were down only 77 percent. Maybe the stock will go to 80 again!!! I certainly found this reassuring: "This may be the fastest deceleration any company of our size has ever experienced," Cisco President and Chief Executive John Chambers said in a statement. "We believe that the challenges we face are primarily based on macro-economic and capital spending issues, although there is always room for improvement in our own operations."

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