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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?


To: Mike Buckley who wrote (1892)5/12/1999 3:01:00 AM
From: LindyBill  Read Replies (2) | Respond to of 54805
 
Couple of comments on today's Cisco report.

Everybody on the Cisco thread is all excited about the report and the split. Since it is my #2 holding, I am interested in analyzing what is happened. This quarterly report works out to about an 80 PE. I think this stock will not hold a higher PE for long. With 30% growth next year, this puts the stock up from its present price of 112 to around 146 a year from now.

That's not enough to keep me in. I will follow the run up, if we have one, and move some money out.