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Pastimes : jach's 1999 Amazing Stock Predictions (CSCO, AMZN, etc.)

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To: jach who wrote (34)2/4/1999 2:32:00 AM
From: jach  Read Replies (1) of 58
 


CSCO mkt cap larger than IBM. CSCO is way overpriced. Look for CSCO to
come
down substantially this year. Sutro is smart in downgrading, they see the value. Look at
the numbers for IBM and CSCO. One will see IBM with almost 10 times of CSCO
revenue and size but surprisinly less than CSCO valuation is a good value where else
CSCO is definitely way way overpriced. imo.

quote.yahoo.com
quote.yahoo.com

IBM
===
For the 3 months ended 12/31/98, revenues were 25.131B; after tax earnings were
2,346.

CSCO
====
Net sales for the second quarter were 2.83B. Pro forma net income, which excludes the
write-off of purchased in-process R&D discussed below, was $606 million
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