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


To: GVTucker who wrote (38126)7/6/2000 3:01:12 PM
From: lawdog  Read Replies (1) | Respond to of 77400
 
I've seen the bonds/stocks risk comment on this very thread. No I will not find the posts.

The important part of your quote from the CFA (why CFA?) guide book is "....this model takes the overconservative approach to an extreme "

This does not equate to carte blanche. In fact, conservatism is applauded by American GAAP as well. Over agressiveness is what you should fear.

As for P/Es, I doubt that valuations would last long with a csco p/e of 1000 but that's just IMHO.