Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Sonki who wrote (19734)	12/9/1998 10:40:00 PM
From: Jacob Snyder	Read Replies (2) \| Respond to of 77400

Sonki: re: paying higher pe for growth stocks Yes, but...... 1. How high a PE? Is there any realistic chance it can go higher than it is now? 2. How sure are we of the growth? I mean earnings growth, not sales or market share or any other unimportant way of valuing a stock. For CSCO (and a very few other companies) we can reliably predict continuing high earnings growth. Earnings predictions more than a couple of quarters out, for rapidly growing tech companies, are frequently way off. Yet investors are buying the semi-equips (just one example) based on a hoped-for upturn at the end of 1999. That's too far out for anyone to really know. Same thing, only more so, applies to the amzn. Yes, UCSD has a very good med school, especially if you want to do research.