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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 76.07-1.1%3:59 PM EST

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To: Peppe who wrote (15155)7/17/1998 2:57:00 PM
From: Ibexx  Read Replies (2) of 77400
 
P/E of 100 not sustainable by accountants' (who count beans) criterial. But stocks such as CSCO, LU and MSFT command a lofty valuation based upon their strategic values. If you didn't believe in the latter, then you shouldn't stay in these stocks at these levels.

Ibexx
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