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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 78.32

-0.1%

Jan 30 9:30 AM EST

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To: Jacob Snyder who wrote (58367)	3/11/2002 9:20:17 AM
From: JeffT	Read Replies (1) of 77400

Well done analysis. I do think that Cisco has more upside on earnings because of a new focus on profits. I could easily see Cisco with projected earnings of .50 or more a year or so out with a PE of 60. I will not make a case for that being a fair PE, but it is one that Cisco has carried a various times previously. Another big thing Cisco has going for it is that so many big money people on Wall Street want to see it move higher at some point. I would expect Cisco to get more than it's share of the bull when it shows up in networking. JMHO Jeff

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