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


To: Lizzie Tudor who wrote (67837)5/11/2005 2:46:23 PM
From: JakeStraw  Respond to of 77400
 
YHOO also announced their Online Music Service...



To: Lizzie Tudor who wrote (67837)5/11/2005 5:02:08 PM
From: RetiredNow  Read Replies (2) | Respond to of 77400
 
Yes, good stuff. Cisco is on its way back up. Earnings per share are growing at a very fast pace:
2002 = $.25
2003 = $.50, 100% growth yoy
2004 = $.62, 24% growth yoy
2005E = $.89, 44% growth yoy
2006E = $1.02, 15% growth yoy

We are at about an 18 PE for 2005 estimated EPS. I think the PE can grow to 25 times 2006E, putting the stock at $25 by the end of 2005 calendar. Nice return from here.