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


To: PMS Witch who wrote (33159)3/30/2000 12:02:00 PM
From: Zoltan!  Respond to of 77399
 
I bought during that period. But was that forward P/E or trailing? That latter was what we were discussing.



To: PMS Witch who wrote (33159)3/30/2000 1:11:00 PM
From: Yogizuna  Read Replies (1) | Respond to of 77399
 
Or in today's prices, $1.09 after a few splits.

That information should scare the hell out of the perma-bulls, but it won't.....
"Investors" should be fully aware that the market pendulum often swings back fully the other way. I'm not looking for $1.08 any time soon, but the stock is still clearly in "insane" valuation level territory..... Yogi



To: PMS Witch who wrote (33159)3/31/2000 1:57:00 AM
From: Brian Malloy  Respond to of 77399
 
As you point out, Mr. Market has provided investors with some great opportunities to climb aboard CSCO. Along with '94. Mar or Apr '97 CSCO (not looking at impact of splits) went from around the $65 level to an intraday low of around $38. That was a great time to load up on the stock and LEAPS.

Quite frankly, while the compression of time volatility is high for the NAZ in general, CSCO has held up quite well.

Regards