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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Doug who wrote (68412)2/2/2001 11:20:42 PM
From: el paradisio  Read Replies (1) | Respond to of 99985
 
Doug,I agree...but if you take average P/E of Nasdaq 100,CSCO P/E in comparison to growth is normal.
If you want to have P/E 50...NDX should be 1300 now.
With less expensive US dollar,CSCO will get more sales from outside.
Here is the chart...35 should hold,if revenue are not dropping too much.
stockcharts.com[w,a]dhcanimy[dc][pb50!b200][vc60][iLf]
Notice...that Accumulation/Distribution is rising.

Regards,
el