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


To: Claude who wrote (22098)2/6/1999 2:10:00 PM
From: MMW  Read Replies (1) | Respond to of 77397
 
As far as CSCO PE ratio goes, this is a way I look at it.

Assume next 4 quarters earnings come in as following: 0.38, 0.40, 0.42
and 0.44, and the total would be $1.64. Given Friday closed at
$101.25, the forwarding PE is 61.74. CSCO projected long term growth
is 30%. I would say it is running a little high, so does the rest of
big technology companies. We may see a pull back from this point on.
It is good and provides the opportunity to get in.

Cheers!
Mike



To: Claude who wrote (22098)2/6/1999 2:52:00 PM
From: jach  Read Replies (2) | Respond to of 77397
 
<as more and more individual investors get in to the market, they will be willing to take more risk with their money>

read it again, makes no sense at all.