SI
SI
discoversearch

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 76.71+0.9%12:18 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: PaperChase who wrote (14480)6/11/1998 8:27:00 AM
From: Zoltan!  Read Replies (1) of 77400
 
Cisco just announced a Shareholders Right Plan. Odds are they are getting ready to preannounce and shock the bulls. Some here may say the plan was filed because of all the takeover speculation between the voice and data companies. However, with Asia melting as we speak, I think CSCO will warn the street within 2 weeks. Am I the first here with a meltdown prediction. Maybe it'll only meltdown like MOT did last week, down $1. <G>

Since when is there a correlation between announcing a shareholders' rights plan and what you imply is an impending earnings warning? If Cisco announced such a plan for the reason you imply, then the sky must truly be falling.

As for being the first, there is always some would-be Cassandra around here that later proves to be just another Chicken Little.

Then <Pooof!!!> they are gone.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext