I'm a bit concerned that an Individual Investor Writer stated he thought Cisco would fall short of earning by a penny.
Ask yourself what a journalist knows that none of the other (professional) analysts know, or what (s)he knows that none of us know. The only reason why Cisco would fall short is if the LU/ASND/NT/startup combination is truly "eating CSCO's lunch" (as a certain thread moron would like all investors to think). If this were to happen, havok would break out and investors in the stock (and others, (probably) would run for the doors, driving the stock down to perhaps half of its value (not in one day, though). However, I truly doubt that that is going to happen. Therefore, the LU/ASND/NT/startup combo as not been eating CSCO's lunch, and we can all rest in peace ;o)
Also, don't you think that JC and crew would make an announcement that CSCO would fall short, if this were indeed the case. I mean, JC himself said that they could do their accounting and announce earnings the day after the end of the quarter if they had to (thanks to their excellent business model w/ web integration). And if they didn't in fact close the books till the last day of the q, then I am sure that JC and crew would give a warning about the possibility of missing estimates next quarter. But, I am not worried about it...(won't happen, IMO)
Justin |
