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Technology Stocks : Lucent Technologies (LU) -- Ignore unavailable to you. Want to Upgrade?

To: Zoltan! who wrote (12015)1/4/2000 8:37:00 AM
From: Edwarda  Read Replies (1) | Respond to of 21876
 
Thanks for the link! Once again, a happy new year to you as well.

As for the egg nog, JLA complained that there wasn't enough bourbon and then CharleyMane kept asking for more as well. But no one forced you to keep going back for more! How's the hangover? <VBG>



To: Zoltan! who wrote (12015)1/5/2000 12:37:00 PM
From: Thomas M.  Read Replies (1) | Respond to of 21876
 
... S&P's work is noteworthy - they don't have the inherent conflicts of most others.

In that context, your commentary is worth less than nothing. But we already knew that.

Tom



To: Zoltan! who wrote (12015)1/5/2000 1:09:00 PM
From: Chuzzlewit  Read Replies (2) | Respond to of 21876
 
Zoltan!,

I looked at S&P's list and was mystified by the inclusion of CSCO. The company is well-managed, and I would not hesitate to buy at around $25, but don't you think that a price of $100 (with a trailing P/E of 175) is just a tad overpriced, given its growth prospects?

It remains a mystery to me how any analyst can rationalize that stock price. It seems to me that this is a prime example of investors buying growth at any price.

TTFN,
CTC


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