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


To: The Phoenix who wrote (11545)1/13/1998 2:33:00 PM
From: The Phoenix  Respond to of 77400
 
Good News for Cisco Bulls from Barron's Online article yesterday

"The two ...recommend networking equipment maker Cisco Systems, as
they believe the need for bandwidth expansion will drive demand for new
switch and router products the company is scheduled to introduce this
year. While the stock is only around 10% off its 52-week high of 60 5/8,
its P/E of 25.5 times projected earnings of $2.17 per share for the
fiscal year ended July 1999 is nevertheless a discount to its expected
five-year growth rate of 30%."

Go CSCO!