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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 71.08+0.1%Nov 7 9:30 AM EST

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To: Eric L who wrote (24043)3/31/1999 1:43:00 AM
From: jach  Read Replies (3) of 77397
 
CSCO at 100+ PE is way overpriced. Looking at 20 min intervals' sell/buy indicators, it showed that there were much more block sellers as opposed to buyers. MMs are also window dressing and they may rotate to others or cash out after Mar. First week of April will be interesting and imo many high flyers will come crashing down. CSCO at 100+ PE is likely to be one of them.
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