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


To: Nikole Wollerstein who wrote (57145)2/6/2002 8:03:59 PM
From: Qualified Opinion  Read Replies (1) | Respond to of 77400
 
Looks like GAAP EPS includes it -eom



To: Nikole Wollerstein who wrote (57145)2/6/2002 8:08:12 PM
From: MIKE REDDERT  Read Replies (1) | Respond to of 77400
 
<So why CSCO is collapsing after hours?>

Traders + Fear + Panic

More accurately, Traders and Hedgies who Know they can induce fear in an already panicky market. Happens all the time.



To: Nikole Wollerstein who wrote (57145)2/6/2002 8:08:38 PM
From: FR1  Read Replies (1) | Respond to of 77400
 
There was panic selling down to $16.50 or so. Now back up to $17.70 or so. Usually when somebody turns in a bad quarter or bad CC you hear it right away from analyst. So far the only things I have heard are positive. The analyst chosen for CNBC (who swears no investment in the stock) was very positive and recommended buying.

I'm sure the upgrades/downgrades for tomorrow will tell us what the street thinks. If it is upgrades then a lot of people lost money tonight.