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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 71.08

+0.1%

Nov 7 9:30 AM EST

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To: Neil Mintz who wrote (18825)	11/5/1998 12:51:00 AM
From: Ken	Read Replies (1) of 77397

Cisco is the undisputed global networking god. They consistently post solid, predictable earnings and gross margins are always in the +60% range. They are stealing market share and mind share for virtually all high-end networking equipment. Thus, a p/e of 78 is a deserved premium for such a technology stalwart such as Cisco. Networking and enterprise storage equipment is literally going to explode into the millenium and Cisco will be right there selling its stuff via their awesome E-commerce website with great margins!!!

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