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


To: thebeach who wrote (16181)8/21/1998 11:02:00 AM
From: The Phoenix  Read Replies (2) | Respond to of 77400
 
Don't think so. Forward PE is below that of all the internet stocks and below that of LU. Backward PE as well. No way this pup goes to 95 today...perhaps a pull back in the future to 95 but not today...no matter how bloody it gets.

Gary (OG)



To: thebeach who wrote (16181)8/21/1998 11:12:00 AM
From: Uncle Frank  Read Replies (1) | Respond to of 77400
 
>>This stocks PE is exhorbitantly high and the MM's are keeping the price inflated. The price should fall to 95 today.Lots of time left.

Are you referring to ttm or forward p/e as "exhorbitantly high"? Your posts on this thread have been bullish, but I see that you do some short term trades. Any chance your comment is related to options expiration day anxiety?

I have been pleased to see csco sailing through this choppy market with clear direction. I'd hope to see us take out the 12 month high next week.

Frank