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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 73.99

+3.1%

3:59 PM EST

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To: jach who wrote (23310)	3/3/1999 11:18:00 AM
From: J. P.	Read Replies (1) of 77398

<<CSCO is still overpriced. CSCO PE is much higher than their historical average PE of around 60. CSCO PE currently is more than 100. Based on the PE of 60, CSCO stock price should be around 60 to 70$. CSCO is overpriced. imo.>> I agree. It's my opinion the Nasdaq is about fall down to it's 200 day moving average of around 1950, and it will take Cisco down with it. Cisco is a fine company, it's just too pricey here.

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