Intraday Updates, Analysis & Strategies for Daytraders 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 : Intraday Updates, Analysis & Strategies for Daytraders

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jenna who wrote (136)	3/13/2001 10:05:24 AM
From: Lane Hall-Witt	Read Replies (1) of 589

I'm amazed they're moving CSCO right now. The market is completely misunderstanding what they said at the Merrill conference. They said they're on track for 30-50 percent year-over-year growth. Well, FY2000 revenues: $18.928 billion. 1Q2001 revenues: $6.519 billion. 2Q2001 revenues: $6.748 billion. 1H2001 revenues: $13.267 billion. If CSCO's revenues are flat for 2H2001, relative to 1H2001, FY2001 revenues will be $26.534 billion, which is 40.2 percent year-over-year growth. If CSCO's quarterly revenues remain flat with 2Q2001 for the rest of the year, FY2001 revenues will be $26.763 billion, which is 41.4 percent year-over-year growth. The bottom line is that CSCO racked up so much growth in 1Q2001 and 2Q2001, compared to 1Q2000 and 2Q2000 comps, that it could see a substantial decline in sequential revenue and still hit the lower end of its projected growth band. Specifically, CSCO needs 2H2001 revenues of $11.339 billion in order to hit 30 percent growth; that would be a 14.6 percent decline in revenues in 2H2001, relative to 1H2001. The market should be focusing on the fact that Chambers said business hasn't picked up in March.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next