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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 76.11+0.9%Nov 21 9:30 AM EST
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To: bambs who wrote (50856)4/1/2001 3:21:17 PM
From: FR1  Read Replies (2) of 77400
 
CSCO doesn't report in April so there won't be a warning because they still have a month to go in the quarter.

Expect a big announcement sometime in April. Probably something like a big write off of obsolete inventory and stock buy back program. Something like that.

The big guys usually get stronger, not weaker, during a recession. INTC, CSCO, etc will do fine. It is the smaller guys in telcom equipment, like Northpoint, that go under. Everybody is sitting around dreaming that CSCO has no strength and will collapse.
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