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

To: Dragonfly who wrote (24636)	4/26/1999 9:49:00 AM
From: jach	Read Replies (1) \| Respond to of 77397

Re: CSCO is way overpriced post: This is what was said: - IBM revenue LAST QTR alone was 20B$, that is almost twice of what CSCO revenue for the WHOLE last year - IBM earnings of LAST QTR is about the same as what CSCO earnings for the WHOLE last year - IBM mkt cap is THE SAME as CSCO Simple logic said CSCO is way overpriced. PE multiple is too high. all imo. ====== and this is from recent earnings release, IBM growth earnings growth is 50%, better than CSCO last qtr. So, look at it from every aspcts, can one say why CSCO should have a bigger mkt cap than IBM ?? Shares in International Business Machines Corp. surged in pre-opening trade Thursday after the computer maker reported quarterly earnings that trounced Wall Street forecasts. IBM was trading at 188-1/8 on the Instinet electronic broker system, up from a Wednesday finish at 171-7/8. After markets closed Wednesday, the company reported that its first-quarter income rose 50 percent to $1.5 billion. IBM, the world's biggest computer maker, posted earnings of $1.55 a share.