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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 77.10-1.6%1:16 PM EST

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To: Glenn D. Rudolph who wrote (5810)4/24/1997 2:16:00 PM
From: 16yearcycle   of 77400
 
The option player must have heard those rumors:) I'm very convinced that Joel is hearing this,but it seems unlikely,imho,that results would be below .51 AND that csco would offer further warnings for the next two quarters.The ceo has stated that they have quarters each year that are flat, and last quarter was .51.In addition,the "word" on the street has lowered expectations to.51-.53,and the stock has pulled back 35% in response.I think a lot of bad stuff is factored in, e would have to suck AND Chambers would have to be unclear about the future for the stock to go close to 40,in which case it would be priced for us all to make a fortune on it,while enduring some temporary pain.Who said getting rich was easy?
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