Cisco Systems, Inc. (CSCO) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 76.85

+1.0%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: jach who wrote (16642)	9/1/1998 2:05:00 AM
From: Doug Fowler	Read Replies (1) of 77400

>>what's the difference between a week ago and today to warrant the drop of more than 25%. At 100+ was strong buy and today rush to exit and all got trampled; again, bear mkt triggers are not there and csco and mkt at these valuation is a gift that happens rarely-<< What's the difference between now and 16 months ago when Cisco was at 30 (split adjusted) ? Not a heck of a lot, except possibly that Cisco's growth rate today is less than it was 16 months ago. Market psychology is the difference. And, let's not forget that even today Cisco is trading at P/E of 40 (based on the most recent quarter's report annualized.) So, Cisco it not really cheap. If you want cheap, look at many of the smaller tech stocks now trading at book value or less. They have been getting killed all year. Cisco has been relatively unscathed so far.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next