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


To: bambs who wrote (40524)10/10/2000 10:02:13 PM
From: Monty Lenard  Respond to of 77398
 
Hey bambs, I just noticed that INTC's high PE is 56 and today it is 28. That may be a new technical indicator. Buy on a 50% retracement of the PE. :-)

CSCO's high pe range is 174 so 50% x 174 = 87. CSCO pe at todays regular market close was 95 so we may be getting close. 38 sounds about right for a 50 % retracement.

Monty