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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 76.01

-1.9%

3:59 PM EST

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To: thebeach who wrote (16181)	8/21/1998 11:12:00 AM
From: Uncle Frank	Read Replies (1) of 77400

>>This stocks PE is exhorbitantly high and the MM's are keeping the price inflated. The price should fall to 95 today.Lots of time left. Are you referring to ttm or forward p/e as "exhorbitantly high"? Your posts on this thread have been bullish, but I see that you do some short term trades. Any chance your comment is related to options expiration day anxiety? I have been pleased to see csco sailing through this choppy market with clear direction. I'd hope to see us take out the 12 month high next week. Frank

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