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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?

To: Eric who wrote (26502)	6/21/1999 3:33:00 PM
From: JRH	Read Replies (2) \| Respond to of 77400

They have their stuff together and we will see some big upward surprises in the coming months! I remember the gigabit conversations we had here last year. How'd I guess you would show up and support me on this ;o) Justin

To: Eric who wrote (26502)	6/21/1999 7:15:00 PM
From: Sonki	Respond to of 77400

by end of july csco trading range will be fro 133-150 or 66-75 aft split. down side: can csco go down 30%? for it go down 30% from here we woul have to have similar problems like last oct. 30% from today would be $86. In july that would be 58pe. (including july erning) Last Oct. when i loaded up at the bottom it was at 50 pe. upside csco near term upside 21.9% during recent minor correction csco traded as low as $105 (90 pe) to today $123 (102 pe) . if csco is allowed to hold same valuations in july that would be 133-150 range. intrestingly 33 brokers who follow csco , avrg recommendation is 1.48 (1 strong buy, 5= sell) july 99. FY ending this july erning estimates is also 1.48 ! what do u think, eric? does this make sense or too optimistic?