Cisco Systems, Inc. (CSCO) Message Board

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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 73.99

+3.1%

Nov 12 3:59 PM EST

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To: jach who wrote (17352)	9/25/1998 10:57:00 AM
From: RetiredNow	Read Replies (1) of 77398

Jach, the only way I would agree with Smartmoney's assessment is if Cisco missed their earnings estimate. However, Cisco has only missed once in the 8 or so years it has been a public company and they have not warned that they would miss this quarter. In fact, Chambers has stated that he is comfortable with 30-50% growth going forward. Hoping Cisco will miss at this point is like believing in the tooth fairy. I hope you aren't short. This stock will not have a significant retrace for awhile. Also, one reason why alot of the people on this thread don't really credit shorting this stock or even selling to get in at a lower price is that most of the long termers here bought our shares at a split adjusted $20 or below. So if Cisco does take a hit, we like it because we just buy more. Good luck.

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