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


To: bambs who wrote (41515)10/26/2000 3:14:31 PM
From: t2  Read Replies (1) | Respond to of 77400
 
I saw Chambers on CNBC. Sounded positive at least in terms of market growth being in the upper range or their forecasts and I am not sure he said it could be above that.
If he insists that the market is growing in the upper range that his company is forecasting, I cannot see how they would miss their revenue target. In this environment, I think the stock will even rally ahead of the earnings factoring this in.

Waiting for CNN interview this evening.

(ammendment to my post)--I just noticed someone posted the CNBC interview. Will watch it again.

I did load up on the stock today--just watching how MSFT and INTC have behaved recently--gives me the feeling that CSCO can rally. Even JDSU is coming back now--it could hold if earnings are OK--and more importantly foreward looking guidance.