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


To: GVTucker who wrote (67782)5/4/2005 7:32:55 PM
From: RetiredNow  Respond to of 77400
 
Well, I've been watching him for awhile now and he was right on with the spectacular rise in the 90's. He then called it almost down to the month on when to buy prior to the rise in 2003 and then 2004. He's calling the market a screaming buy right now, and ignoring his analysis for a moment, I agree completely that now is the time to buy if you believe oil won't derail the economy.

I'm not so sure about oil, but I've continue by ongoing buy program and I have 85% of my portfolio in stock funds. So I'm ready for the uptick. Plus, now I'm the proud owner of Cisco stock again. So I'm ready for the tech and large cap rebound when it comes. I believe it comes this year. So does Dent. I hope he's right.



To: GVTucker who wrote (67782)5/6/2005 2:25:51 PM
From: Proud_Infidel  Read Replies (3) | Respond to of 77400
 
Cisco Expected To Guide Q4 Growth Higher Than Consensus
05.06.05, 2:16 PM ET

Banc of America Securities reiterated a "buy" rating and $24 target price on Cisco Systems (nasdaq: CSCO - news - people ), saying it expects the company to meet estimates for the fiscal third quarter. The research firm expects Cisco to report earnings per share of 22 cents for the period. "We believe Cisco will offer strong July [fiscal fourth-quarter] guidance of 5% to 7% quarter-over-quarter growth, compared to consensus of 5.5% and our 7%," Banc of America said. "We are encouraged that year-over-year growth rates will begin to accelerate." The research firm said Cisco and Juniper Networks (nasdaq: JNPR - news - people ) are best positioned to capitalize on opportunities in security, voice over IP and traffic processing. Meanwhile, smaller enterprise players such as Extreme Networks (nasdaq: EXTR - news - people ) and Foundry Networks (nasdaq: FDRY - news - people ) are struggling to maintain share in an increasingly competitive enterprise environment, according to Banc of America. The research firm's top sector picks are Nokia (nyse: NOK - news - people ) and Qualcomm (nasdaq: QCOM - news - people ), both rated at "buy" with respective target prices of $23 and $40. Its least favorite picks are Ciena (nasdaq: CIEN - news - people ) and Lucent Technologies (nyse: LU - news - people ), both rated at "neutral" with respective target prices of $2.50 and $3.