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


To: Dennis Eckert who wrote (22093)2/6/1999 12:42:00 PM
From: jach  Respond to of 77397
 
Remember that nasdaq took off about 70% during those months and took CSCO with it in sympathy. The December selling was very substantial with around 1 MILLION shares. Think why would one part at around 70$ for 1 Millions shares? one potential obvious answer is that CSCO at historical high PE of 60 should be at around 60$. imo.