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


To: Bob Kim who wrote (42073)11/1/2000 6:03:46 PM
From: Mephisto  Respond to of 77400
 
Thank you for your response. A company's management team is very important to me when I consider a long-term investment so that is why I mention the importance of Chambers and his CSCO team.

Still, I am not so sure that CSCO's stock is overvalued. Recently, I've read analysts say that VRSN should have $250 or $300 share price, and there are many other examples that we could come up with: expensive target prices for stocks that out-of-this-world PEs.

How do you reconcile these differences of opinion about a stock's target price?

Mephisto