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

To: James A. Shankland who wrote (19171)	11/9/1998 7:26:00 PM
From: RetiredNow	Read Replies (1) \| Respond to of 77397

Yes, James. That's why I feel fairly confident that my prediction will come true. I was just making the point a little more forcefully by showing people how to look at things more long term. When people say, "This company will grow revenues at 32% per year for the next 4 years", it simply is not as powerful a statement as when someone says, "This company's revenue will triple in four years." When you put it in this new light it becomes easy to see why we shouldn't cave in and sell Cisco despite its high PE. I guess my post was directed at the jachs and stockmorons of this thread. If you have seen my point then it probably wasn't directed at you. Good luck to you!