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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 72.10+1.4%3:59 PM EST

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To: Techplayer who wrote (23741)3/18/1999 11:50:00 PM
From: Joe Sabatini  Read Replies (4) of 77397
 
MMV may have an extreme view of this market. On the other hand, Cisco does have an extreme PE (130 or so?) that is completely out of line with historical standards. If the market did get spooked, it would not be out of line or irrational for Cisco to lose 50% or more.

Joe S.
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