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


To: SouthFloridaGuy who wrote (40514)10/10/2000 8:49:30 PM
From: The Phoenix  Read Replies (2) | Respond to of 77398
 
I have never expected consistent 100%+ returns... I'm quite happy with a core portfolio that does 15%-20%... Not sure what made you think that I expect the past 4 years to be repeated.

AH means nothing. Close was at $51+... and I suspect - barring another catastophe (which of course is possible these days) that Cisco will close above $50 fairly easily.

BTW: Not sure anyone noticed but at current levels CSCO's forward PE is 50 which is pretty reasonable considering earnings growth currently 40%+ and forecast to be above 30% for the next 5 years. According to the Dean of Business at Wharton these kind of numbers justifies a PE of closer to 100. Trailing 4 quarter PE is now 76.