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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?

To: Jorj X Mckie who wrote (47683)	8/3/2000 11:33:34 AM
From: The Phoenix	Respond to of 63513

If CSCO rallies it'll drag the NASD along with it.

To: Jorj X Mckie who wrote (47683)	8/3/2000 11:35:01 AM
From: Original Mad Dog	Respond to of 63513

OrneryMeddlesomeDood, Now that's a good one! CSCO's PE is listed as 169 on yahoo, do you think that it will still be 169 after earnings come out next week? Lessee -- earnings go up, stock price goes down, PE goes .... ____________ Is this a trick question? <g>

To: Jorj X Mckie who wrote (47683)	8/3/2000 12:21:39 PM
From: wlheatmoon	Read Replies (1) \| Respond to of 63513

tom, i don't think you can be unemotional about csco. pe on csco remains ridiculously high and unless they're quadrupling their earnings, it will remain ridiculously high (assuming the recent price of csco). this doesn't mean csco won't go up or go down, it's just that csco's pe is high. obviously, csco is a fabulous company and doing very well. but the fact remains that the pe is high. only mr. market can tell us whether that's sustainable. i sure as heck don't know. mike