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Cisco

Cisco

FAIRLY VALUED
Earnings report date: Aug. 5
Expected EPS: 39
Price to projected earnings ratio: 14.07
PEG: 1.04
Stock Price as of July 11: $21.82

Cisco's p-e and PEG are lower than the S&P 500's IT sector, making its stock look as though it's on sale. Yet some investors headed for the exits after Cisco Chief Executive John Chambers told Reuters on July 9 that he doesn't see tech spending recovering until 2009. Still, there's little evidence yet that Cisco (CSCO) will suffer substantially more than other tech companies amid the slump.