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

To: jach who wrote (23800)	3/20/1999 2:53:00 AM
From: jach	Read Replies (2) \| Respond to of 77399

CSCO is very weak recently. At PE of 110+ CSCO is very much overpriced. Based on five years' historical PE of 60 to 70, CSCO fair price is around 65$. Look for CSCO to tumble big time when the mkt turns south. ORCL, CPQ and DELL are just a few examples. A safer bet will be the Nasdaq 100 tracking stock QQQ instead of getting CSCO. IMO, converting to QQQ may not be a bad thing to do. This is all imo and should use your own judgement and at your own risk.