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


To: lawdog who wrote (33247)3/31/2000 4:36:00 PM
From: Eric  Read Replies (1) | Respond to of 77400
 
lawdog

Good summation.

I agree that Cisco is overpriced by conventional models.

It has almost always been!

Eric



To: lawdog who wrote (33247)3/31/2000 4:54:00 PM
From: Bill  Respond to of 77400
 
Well, at least you know why P/E is important to you and have addressed some of the issues Cramer and others bring up in defense of CSCO's valuation, unlike the others.

But before you declare CSCO a laggard, consider their growth and market position as well.



To: lawdog who wrote (33247)4/1/2000 1:59:00 AM
From: Dan Hua  Read Replies (1) | Respond to of 77400
 
That was an extremely well written summation of the over-valuation of Cisco. But you can't forget that many many stocks these days are just as or even more over-valued. Hell, if I were to sell all the stocks I thought were over-valued, I wouldn't be making a dime! You can't use the argument that csco has to sell x amount of dollars in the future to justify it's price. It's more about supply and demand. As long as people keep buying (and they are) csco will always be at a premium. Want to be a millionaire? never sell your csco!

dh