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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 77.95

+0.3%

3:59 PM EST

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To: L. Adam Latham who wrote (16080)	8/17/1998 5:51:00 PM
From: Ming	Read Replies (1) of 77400

It's simple why cisco is trading at nearly 100 times earnings and cannot be rated as overvalued. They're demolishing 3com and ascend. Even if the networking market didn't grow, they can just fuel their growth by feeding on their competitors. I really pity 3com and ascend's shareholders. They don't stand a chance. This is not even a meaningful competition. It's like a stroll in the park for cisco.

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