Replies to post #18122 on S&P 500 Analysis & ETF Trading

[kiy]

CSCO...right now CSCO is trading with about a 19 P/E...on earnings of $1.91 a share.
So if you gave CSCO a 20 P/E (now that everyone wants to fall in love with CSCO) based on a forward earnings of 2.55...20 time 2.55 a share = $51 a share. So once more news is there I'll increase my target...
Enjoy...we all hope you're right...