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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: Marc Schiler who wrote (9991)11/2/1997 1:54:00 AM
From: Sonki  Read Replies (1) of 77400
 
correct pe for each stock is different and also differs w. the future outlook. when intel has a brigt outlook going forward then it could
trade at 25 pe. when future is gloomy it should trade @18 pe.

also stock trades at future earnings prospects....not how well u did qurter but how well u will do for in future.

look at csco pe. and look at what csco pe was in march april.

some stocks get shot down for gloomy future but then thing turn around and are not that bad. so you have to figure out if the stock is over corrected. i.e. csco (last spring was 45).
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