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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 76.53+0.6%1:15 PM EST

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To: Tulvio Durand who wrote (18976)11/5/1998 5:08:00 PM
From: SouthFloridaGuy  Read Replies (1) of 77400
 
Your point is? It's still pretty pricey. This market will be fueled by the small caps and not the CSCO and DELL's of the world.

Stagnation around these levels will let the PE catch up to more moderate historical levels and industry levels.

At least not until 1999, IMHO.
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