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: Tony Viola who wrote (38195)	7/11/2000 11:43:25 AM
From: michael97123	Respond to of 77400

Tony, No there seems to be no surprises for leaders you mentioned. But dont minimize size of bmcs for example. That was a major shock. And ORCL did say orders were off at end or quarter but blamed it on their new "no end of Quarter price break policy" which was a change from prior behavior. That could be bogus given Larry Ellison's history.(Look at a chart of orcl since earnings.) Is it possible that MSFT has experienced this too. See where I am going with this. Even if this is only a one-time phenomena, market might take this as an excuse to reduce valuations on tech in a short term correction. Market might see chip stocks(SSB analyst)as next group vulnerable to slowing sales and so on. That's what Murphy's Nasdaq retest lows prediction is about. And remember until the day before he changed his view he was screaming buy BMCS and MSFT. He must have gotten wind of something that HE FEELS will trigger this reaction after the close on Wednesday.

To: Tony Viola who wrote (38195)	7/11/2000 12:05:45 PM
From: Eric	Respond to of 77400

Tony I have to agree with you. There is no warning from Cisco this Qtr so I'm expecting things to be normal for the company when it reports in early August. Since the company knows where it is on a daily basis they would have warned by last week if they were experiencing a shortfall in sales, earnings. As the few good companies continue to execute well we will see a shift back to the leaders. Sadly many of the second and third level companies will continue to stumble in this environment. Eric