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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 76.04

-0.3%

Nov 26 3:59 PM EST

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To: Brian Malloy who wrote (14828)	6/29/1998 6:50:00 PM
From: Eric	Read Replies (2) of 77400

Brian My only concern is the stock is getting ahead of its long term normal PE trading range. I am still very bullish on the company and finally have a ten bagger in it and am now thinking of writing options on it to protect my gains. It's hard not to get giddy at these levels! I'm sure the board is concerned about the lofty PE. It will be fun to watch what they do in the next few months. Eric

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