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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 71.08

0.0%

Nov 7 3:59 PM EST

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To: William F. Wager, Jr. who wrote (22090)	2/6/1999 12:23:00 PM
From: jach	Read Replies (1) of 77397

Friday's WSJ said CSCO PE around 130. That's extremely high. CSCO historically at 60 PE (already very high). Based on this, at 60 PE CSCO should be at around 50$. Seems like around 100 seems to be still a very good exit point considering the fact that it can go to 50$ which is its correct value. imo.

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