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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: Sabrejet who wrote (10902)2/7/2001 8:26:12 PM
From: Rich1  Respond to of 30051
 
I agree lucky enough to get some CSCo at 30 today..



To: Sabrejet who wrote (10902)2/7/2001 10:09:15 PM
From: Zeev Hed  Read Replies (4) | Respond to of 30051
 
Sabre, the way I figure it CSCO may earn some $.70 to $.75 in the next 12 months, due to multiples compression over the next few months (years?), it may be accorded only a PE of 30 on these earnings, so the worst downside seems to be in the $21 to $25 area. Of course, real bear markets create "uncommon values", but that is another story.

Zeev


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