Cisco Systems, Inc. (CSCO) Message Board

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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 76.01

-1.9%

3:59 PM EST

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To: lkj who wrote (25744)	5/15/1999 11:19:00 AM
From: jach	Read Replies (1) of 77400

CISCO's last two to three years historical price based on earnings is around 60. Based on this CSCO stock realistic value at this point is around 70$ only, not 100+. Look for CSCO to correct big time when the mkt turns south. Also, summer is coming and tech stocks typically turns downward in summer. Also, the estimate for next qtr got bumped up to the 40c+ range which will be tough to beat. If CSCO misses one qtr, it will be cut 30-40% in one day. All imo.

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