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

To: LJM who wrote (11294)1/2/1998 4:52:00 PM
From: Dennis  Read Replies (2) | Respond to of 77400
 
Anyone , TARGET

Does anyone expect csco to go above 60 anytime soon ?? Would this be a sell and buy back after it came down??

I know this is just guess work, but maybe......

Thanks,

Dennis



To: LJM who wrote (11294)1/2/1998 5:44:00 PM
From: DX  Respond to of 77400
 
>>I would tend to think that if in fact CSCO were going to miss the number by a significant amount, they would already know and have warned. If they do miss, my guess would be a penny or so shy. A better guess is in line with expectations. Just an opinion.<<
If CSCO misses a penny or so, it will round-trip back to high thirty. IMHO. We should not expect a company missing estimates to enjoy a PE of 50+.

Regards,



To: LJM who wrote (11294)1/3/1998 6:34:00 PM
From: craig crawford  Read Replies (2) | Respond to of 77400
 
<< I would tend to think that if in fact CSCO were going to miss the number by a significant amount, they would already know and have warned >>

Their 2Q doesn't end for over three weeks. Plenty of time. Don't forget their quarter didn't just end Dec 31, 1997.

Besides they don't have to warn about missing earnings to go down.


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