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


To: Howard Feinstein who wrote (34419)4/27/2000 10:12:00 AM
From: lawdog  Respond to of 77400
 
Your comments and trading behavior allow the bull to survive, and both are appreciated

LOL, you are so very welcome. The market seems to be giving you a gift for your kind words, a chance to get out of the nose bleed P/E stocks.



To: Howard Feinstein who wrote (34419)4/27/2000 12:08:00 PM
From: Zoltan!  Respond to of 77400
 
Lehman Bros. Strategist Likes Tech Infrastructure Stocks
Dow Jones Newswires

NEW YORK -- Lehman Brothers Inc.'s chief investment strategist thinks many technology stocks are still bargains.

In a CNBC interview Wednesday, Jeffrey Applegate said earnings growth and revenue growth "well in excess of the market" justifies relatively high price-to-earnings ratios.

While he did not say which stocks he considered bargains, he did recommend lightening up on business-to-consumer electronic-commerce stocks and overweighting infrastructure stocks like Applied Materials Inc. (AMAT), Cisco Systems Inc. (CSCO) and EMC Corp. (EMC).
interactive.wsj.com