Cisco Systems, Inc. (CSCO) Message Board

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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 74.40

-1.4%

3:59 PM EST

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To: leslie wray mackenzie who wrote (19422)	11/19/1998 7:04:00 PM
From: Cynic 2005	Read Replies (1) of 77400

<<but isn't the PE of CSCO getting a bit on the high side for now??>> Get out of here. -g- This market has no fundamental bearings like PE's, "real" earnings, valuations. cisco will continue to go-up as long as there are enough suckers left in this market. period. If you want to bet, you bet on a) there will be enough suckers to take it higher so you buy long; b) every sucker who wants to buy has already bought and it will tank, so you sell short. These are the only two controlling factors for cisco and any other stock these days.

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