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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 72.10+1.4%Nov 10 3:59 PM EST
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To: Nilesh Parikh who wrote (21434)2/1/1999 1:14:00 PM
From: RetiredNow  Read Replies (2) of 77397
 
Nilesh, strange that you say you've owned the stock for 3 years, yet you don't know that Cisco almost never beats earnings estimates by more than a penny. Just look at the last 6 or 7 quarters. Every single one was met expectations or exceeded by 1 penny. So I doubt we'll see them beat this quarter by $.02.

I like this company because they don't pull fast one's on us. They are just a steady earner. But if you are right, Nilesh, then the stock could skyrocket, given the lack of precedent on beating estimates by that much.
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