Cisco Systems, Inc. (CSCO) Message Board

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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 72.34

-2.9%

Nov 4 3:59 PM EST

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To: HG who wrote (22263)	2/9/1999 10:09:00 AM
From: jach	Read Replies (3) of 77397

Look at CSCO profile, more than 1.5 BILLION shares outstanding and mkt cap of astronomical size compared to IBM. Just by looking at these profiles, one can easily see that CSCO is way overpriced. IMO, will wait until the price reflects the historical CSCO PE of about 60 which translates to around 60-70$. imo (note: will be hard to see CSCO splitting more as the number of shares outstanding is so enormous. Too much split can come back and haunt in the not so distance future as a penny stock or have to be reverse split like 10 to 1. imo) biz.yahoo.com biz.yahoo.com

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