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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 77.42+4.6%3:59 PM EST

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To: LindyBill who wrote (23103)3/1/1999 9:49:00 AM
From: Bob Davis  Read Replies (2) of 77398
 
It appears that "jach" is one of the less popular participants on this forum...

But what is really important is not whether he is popular...but whether he is correct. And it looks like "jach" is very correct.

Not only is CSCO's market cap a bit higher than IBM's...but CSCO is very overvalued by the market, based on its projected earnings stream. An in-depth analysis of this can be found at napeague.com, in an article entitled "The Pillars of NASDAQ".

Bob Davis
The Napeague Letter
napeague.com

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