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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 78.03

+0.8%

Nov 14 9:30 AM EST

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To: ioioioi who wrote (16875)	9/9/1998 11:40:00 AM
From: Tulvio Durand	Read Replies (2) of 77399

... Lucent is currently trading at 2.1 times its projected earnings, a high PE (price-earnings) ratio even by today's inflated standards. ... ... Cisco, which trades at 1.5 times projected earnings, also has a high PE, though not nearly as high as Lucent's. ... Where does the author obtain the PEs of 2.1 (LU) and 1.5 (CSCO)? Thanks in advance to anyone who explains it. Tulvio

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