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: jach who wrote (22515)	2/12/1999 3:32:00 PM
From: Chris Carlson	Read Replies (1) \| Respond to of 77397

Jach and thread, Has anyone calculated the total 'special charges' that Cisco had this past year? I'd do it but I don't really have the time right now. Last Q it was .19, which was more than 1/2 of income for the Q. To simply look at the PE in the newspaper or on Yahoo obviously doesn't tell the whole story in terms of valuation. Someone else had indicated that the actual PE was @ 80; compared to Cisco's historical 60. But does the historical PE include the charges? Obviously an expansive, acquisitive company like Cisco is going to have many more charges than most co.s, so to say "PE=120" is a pretty facile way of proving a point ("Cisco is overvalued"). I would be more interested in hearing about how the current price and the current actual operating income compares to the historical price and historical actual operating income. Thoughts, input anyone? Chris