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


To: RetiredNow who wrote (55973)10/17/2001 10:12:22 AM
From: kvkkc1  Read Replies (1) | Respond to of 77400
 
CSCO isn't growing period. Their performance is terrible over the last 3 quarters and when you look at any pertinent number that isn't based on a forward looking guestimate, there isn't any reason for buying at this time. PE on the consensus earnings estimate is around 112, PS is around 6, PEG is undefined. Regardless of the future, I've reached the show me stage. They haven't shown crap for the past year. They aren't the only ones. Looking at the excitement over IBM's and INTC's earnings makes me laugh in amazement. And to take any management's word that things are going to get better is blissful ignorance. Maybe one of these days I'll figure the whole thing out.knc



To: RetiredNow who wrote (55973)10/17/2001 5:12:06 PM
From: SouthFloridaGuy  Read Replies (2) | Respond to of 77400
 
UNBELIEVABLE! The volatility of this market is incredible. Who would have thought CSCO would be trading at 15.60 today after the heavy spin on news over the last few days?

From what the financial media was portraying, we had hit bottom. Perhaps that's the case (although I personally disagree), but regardless of who's view you take, it will not be an easy road UP or DOWN.

My God, today's reversal was vicious.