SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 76.04-0.3%Nov 26 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Eski who wrote (41719)10/30/2000 4:21:43 PM
From: t2  Read Replies (1) of 77400
 
You are in serious DENIAL.

Eski, Not at all. I believe CISCO is going to move upward as the analysts are helping this stock price in a bad scenario for telcom related spending.

Even the LEH analyst who reduced his target said that if we get a rate cut, it could change everything as lending gets easier. If the market anticipates a rate cut in the near term, it automatically changes the situation with Cisco.
However, in the meantime, we have some negatives built into the stock price. If Chambers delivers and keeps his guidance intact, I think the market will trust him and push the stock higher and will consider the slowdown in spending to be less of a factor.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext