Cisco Systems, Inc. (CSCO) Message Board

STOCKTALK

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 76.11

+0.9%

Nov 21 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: The Phoenix who wrote (42354)	11/6/2000 10:33:20 AM
From: t2	Read Replies (1) of 77400

I tend to think that there has been a lot of hedging to avoid a Nortel type of situation. A Cisco blowup would hurt porfolio managers a lot more than NT did. Consequently, the nervous ones could have --reduced, sold all, sold covered calls, or bought puts. This nervousness now could act to provide support to the stock. So many would have already planned for the worse (thanks to NT)that a good number allows an upward move. Those holding through earnings are not going to be selling right away. They are the "strong hands". In addition, many like to track the S and p 500 closely and therefore a Cisco with good earnings won't be sold off. Certainly, new money waiting to be spent in the market is going to be buying a lot of Cisco, whether it is the S and P 500 funds, Nasdaq100 etc... Cisco will also appeal to the diversified funds as a lower risk tech investment. As Cramer put it this morning, in a period of slowing growth, the higher growth stocks is what people will be buying. He named Cisco. I think there is just too much support under this one for it to not rally on a good earnings report.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next