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

To: MythMan who wrote (16915)	9/11/1998 2:32:00 PM
From: The Phoenix	Read Replies (2) \| Respond to of 77398

Mythman, Are you shorting LU too then? Their valuation is much higher than Cisco's. I'm still waiting for your reasoning as to why Cisco retracts from here. Are you saying valuation? Take a look at the internets..they're still way more overvalued than CSCO, are you shorting those too? Just wondering. OG

To: MythMan who wrote (16915)	9/11/1998 5:11:00 PM
From: J. P.	Respond to of 77398

MythMan, Read the original post of this thread, dated August 21, 1995: <<Personnaly, I think its stock has an extremely high PE ratio. In addition, some people justify the high PE on the erroneous grounds that the company has no competition. This is not true; 3COM is not chopped liver!>> CSCO always has had a high PE, personally I think you will cover your short at a loss. And it turns out 3COM is chopped liver! Just think if you had invested 100 grand three years ago despite the "HIGH PE", that's three splits ago.