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Technology Stocks : CSCO - Reason To Buy ??
CSCO 72.91+2.2%3:59 PM EDT

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To: Valley Girl who wrote (545)10/24/1996 9:45:00 PM
From: noronha   of 588
 
To: All
From: Noronha

What is up (rather down) with Cisco? My broker at H&Q is quite bullish on this stock at this level--he actually suggested purchase at about $63. The analyst says networking will grow at a rate of 30-40% per year and CSCO should beat that and grow closer to 50%. Seems to me that of the NASDAQ blue chips, Cisco beats Intel and Microsoft which I think are BOTH overpriced.
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