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

To: Sr K who wrote (74949)	1/19/2008 1:27:07 PM
From: faqsnlojiks	Respond to of 77397

he'll spin this....he always does...

To: Sr K who wrote (74949)	1/19/2008 4:56:46 PM
From: RetiredNow	Respond to of 77397

11/6/2007 You guys really think this will go below $30? I'd say that is a low probability considering that we are in the typically strong Nov to Jan month. I'd say most likely scenario is the stock hovering around $30-31, but holding above $30. So in this post, I said I believed going below $30 was a low probability event. Looks like the stock beat the odds I layed out to go below $30. That will happen sometimes. For example, a meteorologist may say it will rain with 80% probability tomorrow and then it doesn't That's statistics for you. The shorter the time frame, the harder it is to guess where things will go, since "noise" happens. 11/8/2007 Your guess is as good as any. Who would have guessed that Cisco stock would tank after such a stellar earnings announcement? I didn't. I do believe that the downside risk at this point is close to nil. The stock market is down in anticipation of a couple to several soft quarters ahead of us. Fast forward 3-6 months and this stock will be much higher. So I was right that we were in for a couple soft quarters. We're seeing that now. I said the probability was close to nil, but didn't say it was 0% chance of it going down significantly. Again "noise" happens. Also, I said fast forward 3-6 mos and this stock will be much higher. We won't know whether I was right or wrong until 4 months from now. BTW, it's real easy to criticize others who make calls and make decisions based on those calls, when you are sitting on the sidelines. Do you have the balls to make a call on your own? Or are you one of those permanent spectators in life? I'd bet when you start making calls and we look at your record, it would not stand up to my own when it comes to calls on Cisco's price direction. Elroy has the right to criticize, because he's gone on record with stocks like Dell and VCLK. So he rolls with the lumps. You and faqs never join the game. So you haven't earned the right to criticize.