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 76.60

-1.2%

11:33 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Elroy who wrote (68623)	8/30/2005 8:59:06 AM
From: GVTucker	Read Replies (1) of 77400

Elroy, RE: They just reported in line results Thursday and guided Oct Q to be a record revenue quarter, and indicated revenues should be even higher in the following Jan Q with likely record EPS. At 32% of the float, it has to be one of the highest short interest stocks on Nasdaq. PE when the shares are at $14.65 is ~11x, and 37% of their market cap is pure cash (w no debt). So if you understand anything about shorting, how in the world does that make sense???? People that are short the stock have told me that the quality of earnings for OVTI is very low. Also, there's a lot of worry that MagnaChip and Micron will be a serious competitive threat soon. Not that the shorts are right and you're wrong. And the recent stock action after earnings gives a bit of a boost to your case, too. But in a stock like OVTI with this high of a short interest, if you don't understand the short case, then you're not doing enough homework (even though you disagree with it).

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next