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


To: Eric who wrote (12263)2/5/1998 4:19:00 PM
From: Eric Dickson  Read Replies (1) | Respond to of 77400
 
Eric, minmeld, Helios, JRH & Ibexx,

Thankyou for your thoughtful and generous advice regarding trading CSCO. My feeling is that the valuation will come down to the multiple that CSCO is more often given, perhaps 35 times trailing earnings or 30 times forward. I've sold the portion of my position in my tax free account at 65 and will get back in after a pullback. If it doesn't work out I've locked in great profits and can always find another place for the money for a while. Thanks again and good fortune to us all.