Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: JRH who wrote (29108)	11/7/1999 11:04:00 PM
From: Lynn	Read Replies (1) \| Respond to of 77400

To: JRH who wrote (29108)	11/7/1999 11:04:00 PM
From: Techplayer	Read Replies (1) \| Respond to of 77400

JRH, That would be surprising given reports from last quarter of holding revenues from 2 weeks or so prior to the end of the quarter (I believe that that is what those that are in-the-know had posted here.) and the strong quarters delivered by all of the other networkers. I expect the traditional estimates + .01. Happy trading. Brian

To: JRH who wrote (29108)	11/7/1999 11:04:00 PM
From: Lynn	Read Replies (1) \| Respond to of 77400

JHR, From a quick read of the article Steve posted to Uncle Frank (#29102), this really does not look bad to me: "... Net income in the period ended Oct. 30 will fall to an estimated 10 cents to 14 cents a share from 16 cents in the year- earlier quarter. Excluding acquisition expenses, profit is expected to rise to 23 cents from 17 cents, according to analysts polled by First Call Corp. Cisco has said charges will total as much as 13 cents. Sales are forecast to increase 47 percent to $3.8 billion. Demand from phone, wireless and cable companies for Internet services and faster computer-networking equipment is driving sales growth. Sales from these telecommunications service providers have been rising more than twice as fast as sales to corporations, government agencies and educational institutions. ''The service provider side is going to be very strong,'' said Patrick Houghton, an analyst at Sutro & Co. who rates Cisco a ''buy.'' The expected earnings estimates, as you point out, sure do not look to me as the thing that will drive the price of CSCO's stock. Sales are up 47%. It is only due to acquisitions, investments in CSCO's future, that the earnings are going to be down. Basically, things look good to me. Here's the URL for Steve's posting again with the entire Bloomberg article: Message 11836270 Lynn P.S. I notice this got posted twice so I erased the first to show up on the thread.