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


To: werefrog who wrote (47844)2/3/2001 7:04:10 PM
From: The Phoenix  Read Replies (1) | Respond to of 77400
 
werefrog,

I bet you're glad you're not being forced to play the stock then :). Seriously though CSCO is a tough call right here - I don't think I'd bet short or bet long going into earnings. Many charts - including the NAZ - are on the "hairy edge". If you're a trader however you could make a guess I suppose and try to get lucky. If you're an investor and you don't own it would probably be best to wait it out... if you an investor and you own Cisco you hold through earnings and buy on weakness. Just depends on how you trade/invest and your investment horizon... oh, and of course how much risk you're willing to take. IMO it's always a bad idea to try to guess what a company's earnings are going to be and then to guess what the markets reaction to those earnings will be.

OG



To: werefrog who wrote (47844)2/3/2001 8:39:11 PM
From: Paul Reuben  Read Replies (1) | Respond to of 77400
 
The question is, will it pull a LU and go to $12. If I were forced to play the stock, I would go short.

Csco could only pull a "LU" by saying the same types of things LU's management did when they started their streak of earnings misses. CSCO has not stated that they misjudged any shifts in the networking market. They stated that the economy is hurting their customers.

Huge difference...