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Strategies & Market Trends : Three Amigos Stock Thread

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To: Ken W who wrote (24315)3/24/2001 3:13:20 PM
From: JoeinIowa  Read Replies (1) of 29382
 
Ken,

From what I read on Friday there were various Cisco rumors floating around about them revising forecasts. Reading back through some of their releases they have come out and said they will not meet current estimates but I'm not sure what the new estimates are? This inventory problem that everyone has is going to make a quick recovery more difficult unless people just start writing it off. Most companies that have come out and stated how bad it is going to be have seemed to rise. I also assume many of these companies have projected the worst case possible to give themselves a little room to do better on the upside. At least I hope so.

Joe
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