Cisco Systems, Inc. (CSCO) Message Board

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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 76.11

+0.9%

Nov 21 9:30 AM EST

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To: Uncle Frank who wrote (41993)	10/31/2000 8:25:47 PM
From: t2	Read Replies (1) of 77400

In my book, nothing counts until the earnings report on Monday afternoon. Any movements before that are based on speculation, rumor, fear, or greed, which have no lasting effect on the course of the company or its stock. I would second that..but I think it rallies ahead of the earnings anyways. I did hear the PMCS presentation at the prudential securities conference---CSCO is a 25% customer. PMCS is firing on all cylinders. The CEO or CFO was very bullish on broadband related spending. So no sign of any slowdown. Basically, he seemed to dispute the slowdown theory at least in his industry. To me it seems that the market is getting the old spending on "voice" with spending for "data". Getting more and more companies in optical saying the same thing. The PMCS bullishness is just more evidence of what we could expect from Cisco. I think Cisco is going to have a very good report and that is all they need to get the stock moving up.

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