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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Chris who wrote (13584)	8/2/1998 5:24:00 PM
From: Sonki	Read Replies (1) \| Respond to of 42787

chris,csco FPE is 43.9. but spring 97 HPE was 25. and no body wanted to buy it. FPE is forward pe and HPE is historical pe. I just made up this abbriviations. when csco was at 25 pe compare to 100 pe currently, Chambers promised a growth rate of 30-35%. And that csco would be a leader in it's class. I saw him on every channel NBR, Mony line and cnbc repating approx the same thing. It was a brilliant easy gift horse. When the CEO sez buy you idiots. No boday wanted to buy. At $30 nobody wanted to buy at $95 people dying to buy. To me, that is momentum !! We were not in a bear market we were in middle of a bull market where mony was pouring in ... where was the mony going then? *i think the market* will make new highs in couple of months but hard to say where individual stocks might be?** Do you think momentum will continue? or will it back to basics instead of sexy names you can talk about at a party ? just thinking out loud?