Cisco Systems, Inc. (CSCO) Message Board

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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 74.45

+1.8%

9:30 AM EST

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To: RetiredNow who wrote (22804)	2/18/1999 10:27:00 AM
From: PMS Witch	Read Replies (2) of 77397

No flames deserved ... You posted: "I believe a reasonable PE for Cisco is around 60, which would put the price around $80. I know I'll get flamed for saying that ..." I'd put CSCO's fair value at $66 and be compelled to buy if it hit $60. However, I've no intention of selling at today's price, nor did I wish to sell at $115. Holding through the highs is as valid a strategy as holding through the lows. Happy investing, PW. P.S. July 94, CSCO traded at half its price of March 94. Those who held were well rewarded in 95, 96, 97, 98.

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