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


To: Uncle Frank who wrote (20477)1/8/1999 10:06:00 AM
From: Zoltan!  Respond to of 77400
 
from Briefing.com:

Computer Networking

It was a relatively quiet day in the networking group, though Cisco (CSCO 103 5/8 +3 7/8) continued to set record after record on strong demand... Stock was number one choice of Briefing.com readers and appears to be high on most everybody else's list as well... Huge growth of Internet and intranets has convinced investors that this well managed company will continue to deliver much better than market/industry top and bottom line growth... We can't argue with the logic though we remain uncomfortable with the valuations... Then again I'm from the old Graham & Dodd school so you have to forgive me for being nervous about fact that stock trades at 70x estimated earnings.

briefing.com