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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Roger A. Babb who wrote (16322)12/21/1998 8:33:00 PM
From: larry  Read Replies (1) of 18691
 
Roger,

IBM is no longer a great growth stock while CSCO is. I definitely don't believe that CSCO is a bubble stock. This is one of the five companies that will dominate the next decade along with MSFT, AOL, LU, and YHOO!. It's very expensive and almost ridiculous to have a forward PEG more than 2, but this is definitely a dominant player in the tech field.

When market crashes, MSFT and CSCO will also suffer. But I can't imagine these two going below 100 and 60 in the worst case.

larry!
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