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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 76.85

+1.0%

3:59 PM EST

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To: MileHigh who wrote (20190)	12/28/1998 10:40:00 PM
From: Catcher	Read Replies (1) of 77400

based on scant personal experience agree with you 100%. not raising "buy just prior to earnings" approach based on anything other than observation / recollection that these tech stocks seem,on average, to spike after annoucements. no idea who could confirm. guess rationale is these stocks have gone up 500% based largely on earnings so chance is that earnings are "on average" better than expected. msft for example--doesn't it fairly routinely beat estimates?--if so might expect that price rises greater (on % basis) just after earnings than in intervening months

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