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

To: RetiredNow who wrote (56397)	12/5/2001 5:06:54 PM
From: GVTucker	Read Replies (1) \| Respond to of 77400

mindmeld, RE: Cisco won't be single digit by the end of 2002. I agree that we may see sub-$20 again, but not single digit. Cisco is just kicking too much ass right now and will continue to in the future. Let's just say that Cisco makes the high end of estimates for the current quarter, say 10¢. And, even though the current quarter is traditionally the best of the year, let's say that Cisco continues to kick similar ass the rest of the year. 40¢ of earnings. Give 'em a 20 PE, which has certainly happened before. You've got single digits.