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


To: Rob S. who wrote (42692)11/6/2000 7:24:57 PM
From: The Phoenix  Read Replies (1) | Respond to of 77400
 
Rob,

I don't think it was the penny. I think it was the cc, the $6.52B in revenues, and the upward revision on guidance for both revenues and earnings.

OG



To: Rob S. who wrote (42692)11/6/2000 7:31:15 PM
From: couldawoulda  Respond to of 77400
 
Rob, where have you been?

Over the past two months, everyone has been counting CSCO out. So this is just not about beating the street by .01 penny, but rather dispelling the current beliefs that CSCO cannot possibly continue with their torrid growth rate. The extra penny is an affirmation of sorts, along with revenue coming in better than expected and guidance increased going forward.



To: Rob S. who wrote (42692)11/6/2000 7:58:32 PM
From: RocketMan  Respond to of 77400
 
Why did you address that to me? I am neither long nor short csco. Just like to see the psychology at work.

But, on the csco end a penny one way or the other is 4% earnings, which equates to over $150M. I have gotten my pants wet over much less :-)