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


To: John Koligman who wrote (74626)11/15/2007 1:23:49 PM
From: RetiredNow  Read Replies (2) | Respond to of 77400
 
Yes, I noticed that too. It's really come down. I think it got way ahead of itself and then a bunch of competitor product releases started getting announced, including Virtual Iron, Oracle, Microsoft, etc etc. These guys aren't going to be the monopoly anymore and that means a PE of 175, which is what it's at now, really isn't justified. I'm just too chicken to invest in companies like this. Now GOOG was a different story. I really missed the boat on that one. I should have listened to Lizzie, when she posted that IPO.