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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 74.45+1.8%Nov 3 9:30 AM EST

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To: Jay Couch who wrote (22403)2/11/1999 1:05:00 AM
From: jach  Read Replies (6) of 77397
 
CSCO still showing extreme weakness. CSCO was down from its high of 117 compared to LU's high of 110. They both are about the same price now. CSCO lost 35% more than LU based on the difference between the high and low.

CSCO PE is much more than LU at about 120. If CSCO is at the same PE as LU (82) then CSCO should be at around 75$. Maybe that's why a key insider sold close to 1 Million shares at around 70$ a few months ago only.
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