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: Suma who wrote (60204)	7/10/2002 10:22:40 AM
From: RetiredNow	Read Replies (4) \| Respond to of 77400

Yep, I saw that. I think they said that channel checks are pointing to Cisco making its quarter. That is good news. But it shouldn't be much of a suprise. The Cisco of old was rock solid at making their quarter and I think Chambers said in the last conference call that he and Carter wanted to make Cisco a boringly predictable company when it comes to meeting earnings. Anyway, I think the demand for networking equipment is on the rebound and that demand is going to lift all networking boats. But the outsized gains will come to Cisco, since they are the market leader and have gained significant market share during the downturn. Merril's 12 month target price was $18. I bet we get close to that shortly after Cisco releases their numbers. Do you folks remember the wild pop we had last quarter? I'm just guessing, like anyone else, but I bet we get another wild pop this quarter if Cisco makes their earnings estimates and doesn't have any funny business in their books. Anyway, I have some shares I bought at $13.40 and will buy more if it drops to the low $12's. Good luck all!