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 76.16

-1.0%

12:24 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Joseph G. who wrote (18101)	10/11/1998 12:01:00 PM
From: Gary105	Read Replies (1) of 77400

Imo, current CSCO is close to current fair value which I would place around 55, based on EPS projections of 25% growth and a multiple of 40 on July '99 earnings. Years ago it was growing EPS 50% and selling at trailing p/e of 50. A p/e higher than growth rate is justified by low interest environment (otherwise you would see S&P trading at p/e of 7) but this past summer's p/e was ridiculous. So I think we see a cap on appreciation as well as floor on depreciation. Gary

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next