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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 76.11+0.9%3:59 PM EST

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To: pass pass who wrote (12136)2/4/1998 8:25:00 AM
From: Dr. Bob  Read Replies (2) of 77400
 
<...I don't think it's good enough to deserve a price/sales ratio of 10 at this point.>

Cisco is the leader and gaining market share in an industry growing at 30%/year for the forseeable future, and has gross margins of 60% which appear to be sustainable - what more would they need to do to deserve a P/S ratio of 10???

Bob
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