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


To: RetiredNow who wrote (58073)2/27/2002 2:31:10 PM
From: Mick Mørmøny  Read Replies (1) | Respond to of 77400
 
mm: Are buying at 14, or are you going to wait for 11?
Mick(_$_)
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1:19 (Dow Jones) Cisco (CSCO) shares are off 5% after Wachovia Securities cuts its estimates of the networker's 3Q, which ends in late April. Analyst Stephen Koffler cites continued capital spending cuts by telecom providers and project delays by corporate customers. The stock could test its September low of $11 if investors conclude 3Q sales will fall from 2Q levels, he says. It was at $14.83 in recent trading. (PDL)



To: RetiredNow who wrote (58073)2/27/2002 2:32:26 PM
From: kvkkc1  Respond to of 77400
 
I can't tell you if a laser would work or not. I didn't propose an across the board cut. They do ratings. They need to eliminate the non-performers if the business case doesn't justify keeping them on board.