Rande Is . . . HOME 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.

Strategies & Market Trends : Rande Is . . . HOME

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Smart_Money who wrote (46768)	2/6/2001 5:17:24 PM
From: American Spirit	Read Replies (2) of 57584

Shorts are really trying to make hay out of a 1 cent miss by CSCO. I've read the report three times and cannot see anything atypical or disappointing except that some analysts expected a penny more. CSCO isn't going anywhere. It's under attack now but it will emerge strong. Same with SUNW. At these prices all the bashers claims have been more than priced in. Only lies and exaggerations will push it lower. But not for long. Many were expecting flat earnings. Instead CSCO reports continued 50% range growth. Could have been better but could have been a lot worse. And no one really expected better. Compare to NT's report. CSCO's is much stronger. And much-much-much better than LU's. I expect a short-term bottom in the morning then a lot of short covering and a turn back up. Long-term or position investors are smart to buy in here. Typically the action is over-reaction. Only suckers will sell or short more at the peak of bashing. So far CSCO has only sunk maximum $2 after hours. I admit I was hoping for a pop to $37 or so but am not surprised in the least.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next