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

To: lawdog who wrote (35195)	5/9/2000 10:53:00 PM
From: Techplayer	Read Replies (1) \| Respond to of 77397

lawdog, CSCO is expensive, but no more so than companies like PMCS. Based on a 35% growth rate from now until next year to $.70/share. the PEG is 2.6 or so, less than twice as pricey as a company like KO. Given history and overall market growth, paying twice as much for a company like CSCO than one like KO is not such a bad bet. Now, if the overall market continues to weaken, there will of course be a drop in all of the large caps in the Nasdaq, but in that environment there are bigger and better short plays that carry less risk. all in my opinion...tp