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


To: MDGO who wrote (14657)5/6/2000 1:20:00 PM
From: Kenneth E. Phillipps  Read Replies (2) | Respond to of 21876
 
From Barrons article re Cisco:

If Cisco sold at the multiples of its competitors, investors would be shocked. If the market valued $1 of Cisco's earnings the way it values $1 of Nortel's earnings, at a multiple of 100, Cisco stock would be selling for $35 a share. If it could command Lucent's multiple of 46, Cisco's share price would be around $16.

Message 13595979