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 77.79

-0.5%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: GVTucker who wrote (43242)	11/9/2000 1:26:38 PM
From: The Phoenix	Read Replies (2) of 77400

GV, LOL! Well, first I don't watch CNBC at all.. so that would be an inaccurate assesment of where I get my information. But let me see if I can shed some light on this for you. Idea-advisor - disaggregation of the router. biz.yahoo.com Sagawa - Sanford Bernstien biz.yahoo.com cnetinvestor.com Dresdner Kleinwort Benson reiterated its "buy" rating Tuesday but cut its 12-month price target to $61 from $90 per share. Sanford C. Bernstein analyst Paul Sagawa explained that Cisco's numbers suggested a slowing in their carrier business of sales to telecommunication companies. "In a sense we've climbed the mountain with Cisco and now we're at the pinnacle looking down." On Oct. 30, Lehman Brothers analysts Tim Luke and Mark Sue drafted a less-than-enthusiastic report about the data networking giant. The duo maintained their "buy" rating but slashed their 12-month target price from $90 per share to $60 to $65 per share. Although they were generally upbeat about Cisco's management and future products, they were concerned about "a backdrop of potentially slowing growth" among the Internet and telecommunications providers that buy Cisco products. I could go on and on with posts where analysts have mentioned sector slowdowns and the impact this will have on CSCO. Blah blah blah.. It's a constant droning.. right in the face of their "buy" recommendations. Bottom line - no matter what happens they'll be right. Maybe they're jawboning so they can enter...maybe they're selling into any strength - using the buy recommendation to create the needed temporary strength... Bottom line, they're speaking with forked tonge. You know it, I know it.. it's right there in black and white. In the meantime the vendors are all saying things look good going forward. I love that one On24 piece where they say CSCO "warning of tough roads ahead"... hey?? didn't they raise guidance??? What did I miss. Bottom line is that that anlysts haven't got a clue and you should stop trying to defend them. OG

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next