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


To: Steve Lee who wrote (28513)10/1/1999 6:39:00 PM
From: FlameMe  Respond to of 77400
 
Easily. Which is why people who like to say that the P/E is too high relative to the estimated growth rate (the PEG ratio or whatever) don't get it. If you went back in time and looked at the analyst's estimated growth rate for Cisco, it has always been underestimated. They ratchet up the numbers as they get closer to the time period and the numbers still get beat.

Regards,
Ross