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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 73.99

-1.1%

Jan 12 3:59 PM EST

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To: LindyBill who wrote (19694)	12/6/1998 8:54:00 PM
From: Tulvio Durand	Read Replies (1) of 77400

... feeling we will start the new year at 80 or less. Maybe, just maybe, CSCO will be discovered as the #1 e-commerce stock ($20 million/day sales), and may gain popular acceptance as an internet stock with PE multiples approaching those of -- dare I say it -- AMZN and EBAY? Not likely by the start of the new year. But am hearing more and more analysts touting CSCO, LU, WCOM, QWST as the for-real Internet plays and they being the better bets compared to likes of AMZN and EBAY. Also CSCO has been recently inducted into the ISDEX group of high flyer Internet stocks. Could we see CSCO's PE rise above its historical high of 80? I think it's possible. Tulvio

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