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: RetiredNow who wrote (62067)	10/18/2002 10:37:48 AM
From: t2	Read Replies (2) \| Respond to of 77400

As for Cisco, I still am nervous about their earnings. If they make it, then I think this rally will hold and we might even see the DOW at 10,000 be year end. If they don't make it, then the whole market could go down, not to mention the stock going back down to $8 or below. since Cisco stock has already been crushed lately, I would think that any meeting of expecations (like IBM) would launch this stock. Even in a somewhat flat market in the coming 2 weeks, Csco can still get to about 12 (imho). The way it is behaving this morning, it could be a signal that the traders are going to start accumulating it ahead of earnings. I noticed that Dell has already turned positive as well, another November earnings name. Buying stocks that have a strong market position or market share ahead of the earnings is an old bull market strategy---I wonder if it is being deployed ahead of the next month's earnings reports. Hard to believe the idea of an earnings miss this late in the quarter. Chambers would have said something already. btw-I am in the camp that believes Cisco gets a huge percentage gain ahead of earnings in the event Naz gets to the the low 1300s range.