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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: larry who wrote (16325)12/21/1998 10:52:00 PM
From: Roger A. Babb  Read Replies (1) | Respond to of 18691
 
Larry, if I were to give you the choice between owning a large percentage of IBM or CSCO and being CEO with your stock restricted for 5 years before you could sell, tell me honestly which you would choose. I would choose IBM in a heartbeat. How can anyone think that these two companies should have the same market cap? IBM has 2 times assets, 3 times cash, 10 times the revenue and 4 times the earnings of CSCO.