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Technology Stocks : Lucent Technologies (LU) -- Ignore unavailable to you. Want to Upgrade?


To: fff who wrote (3011)7/12/1998 7:19:00 PM
From: S. HYDER  Respond to of 21876
 
Looks like the market is heading lower tomorrow:
biz.yahoo.com
cme.com



To: fff who wrote (3011)7/12/1998 9:21:00 PM
From: JRH  Read Replies (3) | Respond to of 21876
 
fff:
Keep in mind that P/E ratios are not a perfect way to value a company. Both CSCO and LU have had non-recurring charges that affect earnings, thus affecting the P/E. I think that a forward P/E is a better way to judge a company. With next years estimate, CSCO is trading at a forward PE of about 42 and LU at 44. Correct me if I am wrong!!