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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: Yaacov who wrote (12774)3/2/1998 12:39:00 PM
From: Eric  Read Replies (3) of 77400
 
Yaacov

Hi. Since Cisco is decoupling from almost all the networkers and is moving into the telcom arena my guess is that Cisco should be trading at about $100 per share by the end of the year.

Chambers has covered almost all of the bases looking forward and I expect their growth rate to pick up a little bit this year over last year, that should allow an expansion in the stock price. Cisco is assuming a "quality" thats associated with Microsoft as an example.

There is big bucks to be made in the telcom arena and I (IMHO) don't think that the big players there have taken Cisco seriously!

Sonki's numbers might seem a little bit on the optimistic side but I think they are very possible and could go even higher. Cisco likes to spit around 85ish so it looks like it will happen again sometime this fall.

Regards

Eric
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