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Strategies & Market Trends : Tech Stock Options
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To: ViperChick Secret Agent 006.9 who wrote (48287)7/23/1998 10:41:00 AM
From: John Lacelle  Read Replies (1) of 58727
 
Lisa,

CSCO has a P/E ratio of 103!!!

Isn't this all getting a little outrageous? If
CSCO keeps growing at this rate, ten years from
now they will be worth more than Western Europe.
At least with tulip bulbs, you could still plant
the thing but what can you do with stock certificates
that are worth 1/4 what you paid for them? You
can't use em as wall paper, cause you will have to
peel em back off to sell for the tax loss...

-John
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