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

To: larry who wrote (59899)	6/21/2002 2:09:56 PM
From: RetiredNow	Read Replies (2) \| Respond to of 77400

Larry, to be exact, the S&P500 sports a PE of 43.22. I think the historical average is around 20, which means we're a long way from capitulation. Argh!

To: larry who wrote (59899)	6/21/2002 2:16:01 PM
From: puborectalis	Read Replies (1) \| Respond to of 77400

Are these accounting discrepancies any different than all the other millions of ones filed every year by US citizens.?After all,Governor McGreedy stated that many of the corporations doing biz in NJ paid only $200 in state income tax.Accounting is not an exact science........besides a stock is only worth the price another person is willing to pay.