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

To: Lynn who wrote (74610)	11/14/2007 9:58:31 AM
From: RetiredNow	Read Replies (1) \| Respond to of 77400

Hi Lynn, you don't have to respond and I don't care if you do. But Cisco did not miss by a penny. Some news articles said they did miss and other news articles said they beat by a penny. So it is all just opinion. The fact is that Cisco reported 17% revenue growth and 34% EPS growth. That is stellar by any measure for a company this size. The market reaction which pushed Cisco stock price down was because Chambers mentioned enterprise and financial sector weakness. That confirmed the market's fears about the financial sector woes and weighed heavily on Cisco's stock price. Cisco's missing or beating by a penny had nothing to do with the stock price reaction. That is my opinion of what happened. As far as Bush bashing or not, maybe I should have left the Bush bashing comment out of my post, since I know this thread is heavily neo-con. I'm actually a Republican, I just don't like this President, but that's irrelevant. The article I posted was still relevant to any serious long term investor and whether you like it or not, the value of the dollar and health of our economy does have a great impact on Cisco's stock price.

To: Lynn who wrote (74610)	11/14/2007 12:33:28 PM
From: JDN	Respond to of 77400

Its been many years but I did have a major in Economics as well as Accounting. My recollection is the currency value flucuates with imports and exports. If a currency value falls it tends to IMPROVE exports, thus as exports go up the currency begins to strengthen and of course the reverse is true. Today, I think one of our biggest problems is oil importation. If it were not so bad I suspect Chinese imports would not pose a significant problem. The bottom line is I support international trade. It makes the POT grow larger which makes countries like USA that are well educated, endowed with up to date machinery and service ware etc have an advantage. I just wish all the econuts would realize how badly we need to begin closer to self supporting in energy and begin NOW with vast increases in Nuclear energy, opening up fields for development and funding further research into burning clean coal. jdn