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

To: Joseph G. who wrote (18107)	10/11/1998 4:06:00 PM
From: RetiredNow	Read Replies (1) \| Respond to of 77400

Joseph, re your comments: "('94 fiscal year ends July 31, 1994) EPS '93 (actual) = $0.66 EPS '94 E = $1.19 gives 12 month trailing P/E = 21/1.19 = 17.6; EPS '95 E = $1.72 gives current FY estimated P/E = 21/1.72 = 12.2." your numbers are wrong. I have the FY '98 annual report in my lap as I write this (in thousands): 1994 1995 1996 1997 1998 Net Sales 1,334,436 2,232,625 4,096,007 6,440,171 8,458,777 Net Income 322,981 456,489 913,324 1,048,679 1,350,072 diluted EPS .24 .32 .61 .68 .84 So in 4 years time, Cisco revenues grew 534% (avg annualize 52%), and EPS grew 250% (avg annualize 26%). As far as your share price of $21, that is not true either. Split adjusted, Cisco didn't reach $21 until 3rd quarter 1996. In 1994, it traded between $9.25 and $12.875 per share. At FYE 1994, the stock was trading at around $12.875 per share, giving the stock a trailing PE of 54. So, bottom line, please check your figures before posting on these threads. Alot of people see numbers and think they are true without checking up on them. People will respect your opinion more if you can back up your figures.