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


To: Brian Malloy who wrote (14487)6/11/1998 1:36:00 PM
From: Eric  Read Replies (1) | Respond to of 77400
 
Brian

I agree on the split ranges. IMHO I don't expect Cisco to get above $90 until early next year. The PE is a little bit ahead this time. Granted Cisco deserves it's lofty PE due to quality of earnings.

I have held the stock long since 93, it's my largest holding during that period and do not see a threat yet. It looks like NT will team up, that could be a killer combination. But Cisco is almost to critical mass in the Voice market. They are coming out with a stream of products to meld Data, Video and Voice. If that pace continues then they will not need NT or LU! Their engineering and marketing depts are doing a bang up job.

regards

Eric