SI
SI
discoversearch

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: jack wuo who wrote (18816)11/4/1998 4:41:00 PM
From: JRH  Respond to of 77397
 
I believe 34c missed whisper number by 2c, looking for down opening tomorrow.

Now why would anyone expect CSCO to earn more than 34c? They consistently beat earnings estimates by a penny, no more, no less. I really doubt that people were looking for much more.

CSCO will be down tomorrow, as is tradition. Buy on the rumor, sell on the news. Always happens. Today is no different than any of the previous quarters that I have followed!!



To: jack wuo who wrote (18816)11/4/1998 4:41:00 PM
From: Eric  Respond to of 77397
 
One thing that I have learned investing over the years is that this "whisper number" thing is totally bogus!

I would not bet a Dime on it!

Eric



To: jack wuo who wrote (18816)11/4/1998 4:42:00 PM
From: Gerald Walls  Read Replies (2) | Respond to of 77397
 
Quote.Com delayed frmT trades are bouncing around between 64-9/16 and 64-7/8. I saw one go past at 65. Last one I see is 64-13/16. Oops, four at 65.

EDIT:

Now 65-1/4, 65-3/8...



To: jack wuo who wrote (18816)11/4/1998 4:43:00 PM
From: Nick  Read Replies (2) | Respond to of 77397
 
I may be wrong, but I think the street won't be happy with .34. Analysts wanted more....

Nick



To: jack wuo who wrote (18816)11/4/1998 4:44:00 PM
From: Islander  Read Replies (4) | Respond to of 77397
 
According to Briefing.com they hit pro forma of $.34, see below;

Cisco Systems (CSCO) 65 9/16 +2 3/16: networking equipment maker reports Q1 pro forma net of $0.34 a share, a penny above the First Call mean, vs yr-ago earnings of $0.26; revenue rose 27.7% to $2.59 bln....