Cisco Systems, Inc. (CSCO) Message Board

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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 78.42

+1.9%

Dec 19 9:30 AM EST

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To: Boplicity who wrote (14660)	6/22/1998 6:17:00 PM
From: dougjn	Read Replies (3) of 77400

I love Csco, am long it, and have made tons of money in it. I'm wondering, though, if it may not be getting to be time to lighten up a bit for a while. After all, its trading at better than 40x 12month forward earnings. How much further can it go before earnings catch up a bit?? Since there is always a chance that it could correct significantly with the market, if there appears to be little upside for a while, would some lightening up be smart? Intending to re-up upon any significant pullback? Or even a smaller one, if accompanied by the passage of some time? (Let me fully disassociate myself from Stockman, BTW.) Doug

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