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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 73.11

+0.3%

Oct 31 9:30 AM EST

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To: Tony Viola who wrote (22426)	2/11/1999 2:58:00 PM
From: jach	Read Replies (5) of 77397

Like little kids getting some candies, going a little crazy when csco goes up some. Remember CSCO was down about 20% and now it has gone back up about 7%. Stocks typically do not come down and go up in a straight line. If one realistically looks at the numbers, CSCO with a PE of 120+ is an overpriced stock. The risk of holding CSCO at this level is extremely high. One negative news and CSCO can easily get cut into half of its current price. So, enjoy the sweets for a while.

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