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


To: KYA27 who wrote (23906)3/25/1999 12:58:00 PM
From: The Phoenix  Read Replies (1) | Respond to of 77398
 
Well, first I'm CSCO will before 96... nonetheless I typically balance my portfolio around... I don't need your help on that... thanks anyway.

Still, I find it reckless, or at a minimum immature to post warnings about a company without the data to back it up. Let's face it, CSCO is near it's all time high..it's backed off from here multiple times now, so to see a pull back again would not be a surprise and would certainly not make you a stock "guru". So, put up or shut up. If you think Cisco is going to miss tell us what you know. Cisco will pull back but probably not below 95..those days are gone..until the split anyway :). So, you say Cisco is going to miss... where does the stock go then? What's your prediction?

Cisco is projected to earn between .37 and .39 in Q3. Will they make it? Guidance says yes...

Last quarter they earned $2.83B which was a 40% improvement over the same quarter a year ago. Q3 98 CSCO's revenues were $2.184B..so assuming a 40% growth year over year we should expect a $3.058B quarter for Q3. So, what's your prediction? Note of course that Cisco has actually provided guidance this quarter that they are on target. Given the letigous society we're in I would think these comments would result in a lawsuit if in fact CSCO were to miss.

OG