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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 72.10+1.4%Nov 10 3:59 PM EST

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To: Dragonfly who wrote (24693)4/28/1999 10:06:00 AM
From: jach  Read Replies (2) of 77397
 
Re: CSCO is way way overpriced at this point in time:
Take a quick look at IBM's earnings growth last quarter, in the same league or better compared to csco. The Streets know this as IBM has gone up quite a bit and they're splitting the stock. If CSCO gets IBM type of earnings ratio and/or revenue ratio its stock price should be at around 50$. So, imo, at 100+ is way way overpriced. When the mkt turns south next week (very likley it will),look for CSCO to drop to around 100 again. All imo.
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