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Technology Stocks : MRV Communications (MRVC) opinions? -- Ignore unavailable to you. Want to Upgrade?

To: Wes Stevens who wrote (27366)	11/7/2000 7:38:03 AM
From: signist	Read Replies (1) \| Respond to of 42804

Cisco Posts Better-Than-Expected Profits LOS ANGELES (Nov. 6) XINHUA - Cisco Systems Inc., the world's biggest maker of computer networking equipment, Monday posted first quarter earnings that came in just above Wall Street expectations and cited sales to Internet service providers, cable and telephone companies. For the first quarter of fiscal year which ended October 28, the Silicon Valley-based Cisco reported net income of 1.36 billion U.S. dollars, or 18 cents per share, versus 814 million dollars, or 11 cents, in the year-ago period. The Wall Street analysts estimated 17 cents per share for the quarter, according to earnings estimate tracker First Call. News release from Cisco said the company's revenue in the first quarter rose 66 percent to 6.52 billion dollars from 3.92 billion dollars. Cisco's outlook for the rest of the fiscal year is far more bullish. In a teleconference with analysts after Monday's earnings release, Larry Carter, the company's chief financial officer, said sales in the second quarter are expected to rise in the "high single digits to low double digits" from the first quarter's 6.52 billion dollars. He said sales in the fiscal year of 2001 are expected to rise 50-to-60 percent over 2000. John Chambers, Cisco's president and chief executive officer said the company has been seeing good balance in all geographies outside the U.S.. Copyright XINHUA NEWS AGENCY -0- * end of story *

To: Wes Stevens who wrote (27366)	11/7/2000 7:39:33 AM
From: Condor	Respond to of 42804

CSCO has a market cap 10 x's that of GM.

To: Wes Stevens who wrote (27366)	11/7/2000 7:51:30 AM
From: kvkkc1	Read Replies (1) \| Respond to of 42804

What #s are you using to compute PE. You seem to be manipulating numbers. According to Yahoo research, CSCO has trailing earnings not including the most recent quarter of .55. That equates to a pe of less than 100 based on yesterday's close. The estimates are for .75 for fy01 and .94 for fy02. Those have been revised upward. As PEG is normally figured utilizing projected earnings, I figure a pe of approx. 75, which yields a PEG of 1.5 using a growth projection of 50% rather than the 60. Let me know where I am erring. Long both CSCO and MRVC.knc

To: Wes Stevens who wrote (27366)	11/7/2000 8:38:25 AM
From: Bridge Player	Read Replies (1) \| Respond to of 42804

<< CSCO gave guidance for next year of 60 and will probably make it if the economy does not tank. The problem is that the p/e is 160 current and 75 going forward to next year. 60% growth makes rev's at 30B next year. >> Let's see now, CSCO projects growth of 60% next year? And the current p/e is 160? and 75 based on next year? How can the multiple decrease by more than half on less than a double in earnings? This math does not seem to hold up. BP