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: Eski who wrote (39178)	8/9/2000 11:25:27 AM
From: The Phoenix	Read Replies (1) \| Respond to of 77400

Eski, Although this may be accurate I wouldn't put much trust in CNBC. Clearly 70 is a challenge for this pup. I don't think we break through today but if AMAT announces strong results tonight we may do it tomorrow. 70 has been such strong resistance that long positions are willing to let go here... once those positions are gone we'll move higher. Everytime we test 70 resistance weakens. OG

To: Eski who wrote (39178)	8/9/2000 11:41:18 AM
From: Ed Forrest	Read Replies (2) \| Respond to of 77400

Related Quotes CSCO 68 9/16 +3 1/16 delayed 20 mins - disclaimer Wednesday August 9, 11:12 am Eastern Time RESEARCH ALERT-Chase, Salomon upbeat on Cisco NEW YORK, Aug. 9 (Reuters) - Brokerages Salomon Smith Barney and Chase H&Q repeated their strong buy ratings on computer networking company Cisco Systems Inc. (NasdaqNM:CSCO - news) on Wednesday. -- after markets closed on Tuesday, Cisco reported fiscal fourth-quarter profits that beat Wall Street forecasts as sales rose 61 percent. -- Salomon Smith Barney analyst Alex Henderson raised fiscal 2001 earnings-per-share (EPS) outlook to 74 from 68 cents. -- raised fiscal 2001 revenue outlook to $28.37 billion from $26.7 billion. -- raised fiscal 2002 EPS outlook to 95 from 90 cents. -- also reiterated strong buy rating and $100 price target on the shares. -- Chase H&Q analyst Michael Neiberg raised his estimate for fiscal 2001 EPS to 75 from 70 cents. -- boosted fiscal 2001 revenue estimate to $28.1 billion from $26.4 billion. -- said ``quarter hits on all cylinders.'' -- said products were ``strong across all business segments. All geographic areas show strength, led by the Americas and impressive growth in Asia.'' -- kept strong buy rating. -- shares up 3-3/16 at 68-11/16.

To: Eski who wrote (39178)	8/9/2000 11:46:09 AM
From: Don Pueblo	Read Replies (1) \| Respond to of 77400

Cool! Short it right when it breaks down through 68! My kid needs a new bike. Who do you think is buying all these shares that the fund managers are selling (according to CNBC)? Where do you think CNBC got that information?