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: bambs who wrote (42054)	11/1/2000 1:04:04 PM
From: GVTucker	Read Replies (1) \| Respond to of 77400

Yep, I'm serious. I tend to focus on the actual company press release rather than the spin, whenever possible. From NT: "--Outlook for 2000 and 2001 Remains Unchanged --Provides specific Guidance on the Fourth Quarter and First Quarter of 2001." nortelnetworks.com Actually, the revenue guidance for 4Q is a little bit better than the average analyst estimate, but well within the range. Net income is right on previous guidance.

To: bambs who wrote (42054)	11/1/2000 1:46:29 PM
From: Bob Kim	Read Replies (1) \| Respond to of 77400

bambs, How would you interpret this excerpt from ML today? I think the analyst is hinting he might lower his price target. Other info: A year ago, the analyst had a $42.50 price target and F01E of $0.65 Currently, the analyst has a $90 price target and F01E of $0.75 Excerpt: "However, as long as capex growth remains an issue, we would expect Cisco’s lofty valuation to be a concern. While we currently would not expect Cisco’s P/E multiple to expand, its stock price appreciation should be driven by earnings growth, which we forecast should still grow by over 40% in fiscal 2001."