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


To: The Phoenix who wrote (22776)2/18/1999 3:06:00 AM
From: ed  Read Replies (1) | Respond to of 77397
 
I do not think a 100+ PE will have anything to do with the decision whether to split the stock or not , just look at Yhoo and AOL. The managers only showed the investor their confidence level about the future of the company, as to the PE , the market will decide and adjust by itself. High growth means high PE, If the company can continue maintain high growth , then so what the high PE ? If the managers are afraid of high PE, it only indicated to me the high growth pattern may start to be held.