Cisco Systems, Inc. (CSCO) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 76.04

-1.3%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: ed who wrote (22085)	2/6/1999 6:15:00 PM
From: Mike Gordon	Read Replies (2) of 77400

Ed; True 'The reason a stock's PE is high is because the investors want to pay whatever price to own the shares of that stock.' Carrying this one step further, the reason people want to own this issue is because CSCO is the cement, which paves the new communication interstate highway. Until this project is complete, CSCO along with other contributors, (MSFT, INTC, LU, DELL AMZN, and AOL) will continue to reap revenue, earnings and profits that are greater and more ambitious than the Chevrons', Dominion Resources, etc. These issues may be the last hope for the baby boomers that failed to save for their retirement in their earlier years. Additionally, a consistent purchase of these equities for anyone just starting in the work force could make up for the potential loss of social security. Mike Gordon

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next