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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 77.78+1.2%Dec 3 3:59 PM EST

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To: RetiredNow who wrote (67025)2/10/2005 11:19:04 PM
From: Lizzie Tudor  Read Replies (1) of 77400
 
you sure the pes are back down to historical levels? I'm not sure that fed model works with rates this low. Besides we know rates are going up. The fed model has been showing undervalued for the past few years anyway as tech stocks have grinded lower for the most part (ok they are higher now than the 02 bottom but really, there has been little in the way of upwards mobility in stocks)
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