One has to wonder if human nature has more influence than business fundamentals on CSCO share prices. It appears that fear spreads much faster and further than optimism or confidence. The fears generated by the reports and articles you mentioned have really taken root in fertile ground and it will take time as well as plenty of overwhelmingly convincing evidence to change people's minds. As usual, those who read the evidence quickly, and have the courage to act, will be well rewarded. Those who take a little longer will be rewarded too, but not quiet as well, while those who twist and torture the evidence until it confesses pending disaster will not act at best, or short, at worst. This last group will witness the evaporation of golden opportunities and experience the sinking feeling one gets, when in spite of exhaustive research and analysis, an incorrect conclusion is drawn and acted upon. They then spend their time posting insults, dire predictions, and flawed arguments based on half-truths on internet discussion forums. They are hopelessly seeking some solace from their own foolishness by taunting those who have disregarded their nonsense, and are now sitting on handsome profits.
Cheers, PW. |