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 : JDS Uniphase (JDSU) -- Ignore unavailable to you. Want to Upgrade?

To: t2 who wrote (17924)	2/6/2001 8:04:32 PM
From: William B. Kohn	Respond to of 24042

I know I risk the wrath of TA, but the GLOBEX is down big with the COMP -4000. Now that doesn't mean alot, but I have read many people on MDD and elsewhere talking about this market being a bear trap. I'm so worried, based upon how Feb AND March have been for most of the last years, that I have gone from being on margin to being 75% cash. I am expecting an overall decline and will buy when the trap closes. Watch the tick and when we see the bottom falling with very big negative numbers we may have the buying opportunity. I wish all of you the best in the next two weeks. Be careful, fundementals aren't fun, when the charts are against you. willyb

To: t2 who wrote (17924)	2/6/2001 8:31:27 PM
From: zbyslaw owczarczyk	Respond to of 24042

t2, re: Cisco, Alcatel and capex. Cisco just confirmed what ALA said: Europe strong and better then expacted (capex), Asia very strong and US established carriers (Sprint, ATT,SBC etc) are doing well. Enterprise (services like financials) are spending as expected, manufacturing week. If you look at recentjob reports, it were services and constructions which add jobs, what supports Joe Battipaglia statement that manufacturing is in deep inventory correction. Just two weeks ago 360Network (former CFO of MSFT is CEO of 360) announced it will issue 3 billion $ US in debt to further build packet/optical network. In November 360Network awarded ALA 2 billion optical deal, which for sure will boost SDLI revenue going forward. ZO

To: t2 who wrote (17924)	2/6/2001 9:00:50 PM
From: SJS	Read Replies (2) \| Respond to of 24042

What? Did you hear the same call I did? _______________________ From Briefing.com: Cisco's (CSCO) numbers are in and they stink... CSCO earned $0.18 for the quarter versus consensus estimate of $0.19 and year-ago gain of $0.12... Sales rose 55% year-over-year to $6.75 bln (below consensus estimate of $7.2 bln) ... Briefing.com less concerned with fact that company missed the consensus earnings estimate for the first time in 14 quarters, than we were with the large jump in inventories and receivables... Inventories and receivables grew by 22% and 25% sequentially, while revenues were up only 4% from the previous quarter... Consequently, comes as no surprise that gross margins fell by an alarming 170 basis points quarter to quarter... And based on what the company said on the call, gross margins are coming down further... Company puts gross margin guidance at around 60% or 3% below most estimates... Even that could be a stretch considering the rapid growth of inventories and the economic/industry slowdown... CSCO also put sales growth for the next two quarters well below street estimates... Combination suggests that street will be busy lowering estimates and ratings this morning... Given CSCO's still lofty premiums, there's considerable downside risk in the stock over the near- to intermediate-term.