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Strategies & Market Trends : Three Amigos Stock Thread

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To: Sergio H who wrote (21802)11/6/2000 11:01:35 PM
From: Ken W  Read Replies (1) of 29382
 
Sergio:

CSCO: As usual there is nothing wrong with the report just that the stock had moved up in front of the earnings release. "Sell the news" is the order of the day regardless of the earnings. As you know the bride holds CSCO and is not selling on the news or any other reason. LOL

CSCO's sales were up over 60% as was profit, but I would imagine that some analyst wanted to see 80 to 90% growth. Est. was for .17, they did .18, beating by .01 as they have done over the last god knows how many Q's.. Who knows what they want. I know if it goes back to 50 again....I'm buying it!!!

Ken
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