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


To: Rob C. who wrote (50860)4/1/2001 3:10:18 PM
From: Robert T. Quasius  Respond to of 77400
 
I think CSCO has reached a bottom. I have been watching CSCO for a long, long time but didn't buy because I thought CSCO was way overbought.

Now, however, I think the stock at a forward PE of 26 is a good value, especially given the long term growth rate. This year will be ugly for tech stocks, but I expect by year end the stocks will turn around and resume their upward trend.

I don't see $80 per share anytime soon. At that price, CSCO was way overvalued and priced for perfection.



To: Rob C. who wrote (50860)4/1/2001 7:30:04 PM
From: Victor Lazlo  Respond to of 77400
 
<<CSCO's PE for FY 2001 is 26 as long as they meet the .61 cents that is expected. >>

Rob, i see expected earnings of .57 for FY 2001.

What odds do you give CSCo for meeting either figure?