SI
SI
discoversearch

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: Wyätt Gwyön who wrote (47824)2/3/2001 10:14:22 AM
From: bambs  Read Replies (3) | Respond to of 77400
 
what do you think actual earnings will be. I bet they manage to break the 11 cent trend. 12 cents actual.

I expect that csco will trade down near the 52 week low in front of earnings and then bounce off $30 on light revenue and poor visability (denial) when giving guidance.

I'm sure that Chambers will make excuses and blame everything on the slow down in the economy. He will say over and over how when the economy picks up they will grow 30-50%. But, one can't tell when the economy will pick back up.

Too bad they are all too dumb to realize that it will never "pick back up" like it was going before. Why? Cause personal savings rates can't be negative for any long period of time. And because the housing market is going to cool off, unemployement will start to rise, the surplus will disappear, and the stock market will continue to slide on poor earnings and negative earning growth rates for many businesses.

Well, enough said...

chow,

bambs