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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 71.080.0%3:59 PM EST

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To: Islander who wrote (18822)11/4/1998 4:49:00 PM
From: Bull-like  Read Replies (2) of 77397
 
I believe that the Street will be happy about the growth of revenue (~28%). Everything else is expected, including beating the estimate by a penny. Long-term (1-2 yrs out), the analysts (yes, that includes Cramer) are just background noise, they normally pretend they know more than you do. They want to keep their jobs, that's why they issue upgrades and downgrades.

Da bull
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