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: craig crawford who wrote (11626)	1/16/1998 4:02:00 PM
From: Zoltan!	Read Replies (1) \| Respond to of 77400

Did they? I thought the fall occurred because all the analysts thought that routers were dead. Anyway, since that's when I bought big, in retrospect I can hardly view that as a disappointment. Would the disappointment only have been greater! If that's the case then Morgridge's comments must be read as prospective. I think I can rely on that. Regards

To: craig crawford who wrote (11626)	1/16/1998 4:31:00 PM
From: Thomas Scharf	Read Replies (1) \| Respond to of 77400

Can you really call '94 a disapointment? I owned csco then. They came in at something like $1.02 when expectations were for $1.03/share. Over the following month the stock got hammered by nearly 50%. That situation was similar to last spring when the momentum players bid csco up after talking themselves into believing that it was going to beat estimates in a big way (go back & read the SI posts from the Dec 96 - Jan 97 time-frame & you will see lots of "irrational exhuberance"). Instead, they only just met them. We saw the price go from $75 to $46 over a very short time period. This time, though, it came back with a vengeance. In '94 it took almost a year to get back to the high.