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

To: Jerome who wrote (54742)8/28/2001 8:49:09 AM
From: JakeStraw  Respond to of 77400
 
>> the stock of CSCO never was cheap.

When CSCO was growing sales at a healthy clip it could be justified. That is no longer the case, hence the high valuation has even less justification.



To: Jerome who wrote (54742)8/28/2001 9:27:57 AM
From: GVTucker  Read Replies (2) | Respond to of 77400
 
Jerome, RE: the stock of CSCO never was cheap.

Not true. You could buy CSCO in the mid 90's for less than 20x earnings.


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