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


To: S. Chiang who wrote (18529)10/29/1998 9:36:00 AM
From: jach  Read Replies (2) | Respond to of 77399
 
CSCO predicts 25% revenue growth.

This is much less than previous years. Also with competitions, the profit margin is going to be not as good as before. As revenue growth is 25%, one can say net margin is going to be around that or less. IMO, csco earnings x 25 times will be around 40$.
May be that's why stock dropping this morning.