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Technology Stocks : America On-Line (AOL)
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To: Uncle Frank who wrote (438)12/30/1998 11:38:00 PM
From: larry  Read Replies (2) of 41369
 
Frank,

Because CSCO is suddenly regarded by lots of anal-ysts as an internet stock and they raised CSCO's target price by 30-50% without raising earnings estimate. When the internet bubble bursts, CSCO will also fall and this issue is way overvalued using the traditional PEG model.

But the internet bubble might never burst so you don't need to worry until that day comes.

larry!
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