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


To: Tony Viola who wrote (22518)2/12/1999 3:49:00 PM
From: Chris Carlson  Respond to of 77397
 
Hey Tony!

Long time no talk!

Here's the quote from your notes:

Cavuto (other side): Are things getting too frothy; your PE about 115
last I looked?

Chambers: Our stock price has been that way for 10 or 12 years. You have to look at our earnings by first pealing away (my words) the costs of acquisitions, mergers, etc

I'm going to do some research into this when I get some time. Probably Cisco's valuation is high even considering the charges (both during and before this past year). I'm not sure that means it is "overvalued" however.

Chris