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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?


To: Roger who wrote (28986)11/3/1999 10:29:00 PM
From: Jim B  Read Replies (3) | Respond to of 77400
 
I'm wondering if CSCO is going to move back down to the $50s or $60s after earnings??

been doing some reading and I saw one PR that suggested that CSCO has admittably got some delayed business until AFTER Y2K just like IBM said it had..

that recent news with MMCW (sp?) about them not being able to sell CSCO products as well as they used to (probably due to competition like QCOM)

and then the NASD at all time high.. CSCO near it's all time high.. and stochastics showing overbought.. and earnings coming out next week... are we setting ourselves up for a disappointment and selloff like IBM just had?

thoughts anyone? buy/hold/short? and what about a split? any other indications that we'll get a split? that could help things out depending on when they choose to implement it... which probably wouldn't be til january at the earliest

jim

ps.. does anyone think the market will have a big correction going into the final days of year with Y2K FEARS? hope not.



To: Roger who wrote (28986)11/4/1999 1:43:00 AM
From: sws2001  Read Replies (2) | Respond to of 77400
 
Y2K rumors about slowdown in sales

See the following link from CNET

news.cnet.com

As a long term holder of CSCO, since 1994, if this is true it is only a bump on the road. Yes big shops maybe delay purchases/deployment until Y2K is history. However then there will be latent demand for 2q and 3q of 2000.

SWS