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Technology Stocks : All About Sun Microsystems -- Ignore unavailable to you. Want to Upgrade?

To: Dennis who wrote (34291)	8/9/2000 10:31:46 PM
From: Lynn	Read Replies (2) \| Respond to of 64865

Dear Dennis: You did go? Gulp. Then maybe it's just Charles going to HD that makes a difference. Maybe it's because I'm still happy about CSCO's earnings and what I have heard was said during their conference call, but I'm feeling pretty good about CSCO right now. Here are some of Michael Ching from ML's comments on CSCO: Robust end user demand is expected to continue through the next 12 months, and we now expect the growth of the market to be at the high-end of the 30-50% range. We are increasing our FY01 revenue estimate from $26.6 billion to $28.0 billion. We are also raising our FY01 EPS estimate from $0.70 to $0.75. Our $90 price objective is based on 105 times, or 3x Cisco’s expected long-term growth rate, our calendar 2001 EPS estimate of $0.86. Also, take a look at this chart: xocharts.com Double top breakout alert and a 93 target. Feeing better? Also, you are absolutely correct, there are a LOT of funds holding shares of CSCO. For a fund that can buy stocks that do not pay dividends, it's basically a must have. Regards, Lynn Edit: I sure wish JL would IPO.