Cisco Systems, Inc. (CSCO) Message Board

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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 76.04

-0.3%

Nov 26 3:59 PM EST

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To: t2 who wrote (41710)	10/30/2000 9:49:20 AM
From: The Phoenix	Read Replies (4) of 77400

t2, As disappointing as this target reduction by LEH is it is likely the best thing that could happen for CSCO stockholders. One should note that CSCO is down on jawboning about accounting practices, option benefits, and expectations on cap-ex spending. Still CSCO continues to perform - quarter in/quarter out... and we have another report coming next week with forward guidance. So, we're down - not because of execution but because of jawboning by the analysts which IMO is a good sign for long term holders since these same people believe that CSCO is one of the best positioned companies.... so, in all the revaluation is just what the doctor ordered... as disappointing as it is to see. I guessing (yes, just guessing) that we have a rough week... earnings will shed new light one way or another.

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