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

To: Tecinvestor who wrote (30347)	12/16/1999 10:54:00 AM
From: Zoltan!	Respond to of 77400

Thursday December 16, 10:41 am Eastern Time RESEARCH ALERT- Cisco price target raised NEW YORK, Dec 16 (Reuters) - Schroder & Co. said it raised the price target on Cisco Systems Inc. (NasdaqNM:CSCO - news) to $140 from $90. -- said ''One could argue that because of Cisco's unique enabling role in building and supporting the Internet economy, the company's valuation premium to its competitors should be among the highest, not the lowest.'' -- said ''No matter how you slice it, on every conceivable metric, Cisco's valuation is at an all time high.'' But given its role as a pioneer of the Internet economy, its role in keeping that industry moving forward and its productivity increases, ''Cisco should at least hold its multiple of 100x current year earnings.'' biz.yahoo.com

To: Tecinvestor who wrote (30347)	12/16/1999 2:38:00 PM
From: Mephisto	Read Replies (1) \| Respond to of 77400

CSCO is the Internet's infrastructure, or if you prefer another analogy, it is Internet's skeleton. E-commerce, Email and other goodies are the tissue or the flesh that will cover the skeleton. The Internet will grow. It may get fat, like many Americans.(gg) So CSCO will grow, regardless of what the analysts say. Thanks, Tech, for the post, Best wishes, Mephisto