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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 78.03+0.8%Nov 14 9:30 AM EST

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To: Eric who wrote (18681)11/2/1998 11:36:00 AM
From: Tulvio Durand  Read Replies (3) of 77399
 
The latest scare -- "Cisco to warn of growth slowdown" in Oct 30 article from DRIP Advisor.

dripadvisor.com

It seems every analyst is eager to become anointed as the next true stock prophet with a verifiable prescient call. These analysts have nothing to lose. Comments?

BTW, does anyone know what James Cramer was referring to in the following passage:

...Wednesday night another wire service wrote up a story involving Cisco (Nasdaq:CSCO - news) that gave guidance to growth that was below the traditional guidance from the networker. We quickly sold some Cisco to buy it back when the service was corrected. ...

The Cisco situation is incredibly instructive. When this stock was down two bucks, a bunch of firms squawked that the story that precipitated the decline was innaccurate. Those who received timely calls from their brokers were able to make thousands of dollars in a very short time on a household tech name. ...


fnews.yahoo.com

What was the story that precipitated the decline in CSCO? Thanks.

Tulvio
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