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: kvkkc1 who wrote (55798)	10/5/2001 9:34:53 AM
From: larry	Respond to of 77400

kv, I made some nice gains on Wednesday thanks to another help from Chambers. I flipped 1/4 of the gain yesterday and bought Oct. 15 puts at 0.95. Only suckers will believe that the rally is for real. But even if I lose on the trade, that should be all right. I am beginning to admire Chambers more and more. Certainly he has made tremendous stride since the Wang days. And I like the new strategy CSCO is using. On the one hand, let analysts cut and cut estimates while maintaining or upgrading ratings; and on the other hand, it gives Chambers room to reaffirm guidance 2-3 times each quarter (it does not matter that CSCO is going to report operating losses for the next several quarters and maybe more). I think that the 'new' strategy is gonna work for another 2-3 rounds before people get tired of the bs. And it looks like CSCO is benefiting one time from the WTO disaster. More power to them. BTW, I am here to perdict that Bush's stimulus package won't work just like Fed's rate cut is not gonna work this time around. WTO tragedy basically has changed the government $ flow in the foreseeable future. More $$ will flow into military related defense sector, which certainly won't bring high growth to the economy. We need a peaceful environment to have a slim change to get the economy back to decent growth. Now the chance is probably close to 0 in the near future, to say the least. larry