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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 76.11+0.9%Nov 21 9:30 AM EST

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To: Tulvio Durand who wrote (12056)2/3/1998 3:12:00 PM
From: mattie  Read Replies (1) of 77400
 
Tulvio,

It is a know fact that CSCO is growing earnings 25-30%. Although down from its revious growth rate, it is sure better thatn the 5-10% that the S&P will deliver. Plus CSCO is the leader in its industry and will be able to grow earings consistenty in the mid to high 20% range. I picked up this stock the end of December when the multiples were in line with the market. Now at a slight premium, that premium is justified given the consistent growth outlook.

If you are shorting the stock, you may have a selloff if earnings come in light, but for the mid to long term CSCO will be an above average performer. And if they blow out estimates - watch out shorts!!
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