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After the bell

Started by 2cents , Feb 06 2007 03:57 PM

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10 replies to this topic

#1 2cents

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Posted 06 February 2007 - 03:57 PM

CSCO has had a great run of it lately and most of it on emerging technologies. They have been buying back stock at quite a pace for 2 years now. I think they have topped out after testing thier highs of jan. 04. The networking biz is getting tough these days as Chinees competitors creep into the market. I think they'll make thier number plus a cent and guide lower for the next quarter. It's not a great short because they don't dump blue chips these days but it has been a proxy for the NDX and if they do sell it we could be in for a tough day Wed.

My opinion isn't worth the HTML it's written on

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#2 dcengr

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Posted 06 February 2007 - 04:01 PM

I'm staying away from CSCO.. too unclear here. CSCO has been known to kill bears with extreme prejudice.

Qui custodiet ipsos custodes?

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#3 2cents

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Posted 06 February 2007 - 04:05 PM

I'm staying away from CSCO.. too unclear here. CSCO has been known to kill bears with extreme prejudice.

I agree and there is not enough downside to grab.

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#4 traderpaul

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Posted 06 February 2007 - 04:18 PM

31c vs 27c....Stock did not act well with good earnings....AAPL GOOG....rings a bell?

"Inflation is taking place now. Prices may not appear to be rising because they are making packaging smaller. "— Rickoshay

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#5 2cents

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Posted 06 February 2007 - 04:19 PM

31c vs 27c....Stock did not act well with good earnings....AAPL GOOG....rings a bell?

I think the street wanted 31 and they got 33 after options expence.

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#6 2cents

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Posted 06 February 2007 - 04:51 PM

CSCO has had a great run of it lately and most of it on emerging technologies. They have been buying back stock at quite a pace for 2 years now. I think they have topped out after testing thier highs of jan. 04. The networking biz is getting tough these days as Chinees competitors creep into the market. I think they'll make thier number plus a cent and guide lower for the next quarter. It's not a great short because they don't dump blue chips these days but it has been a proxy for the NDX and if they do sell it we could be in for a tough day Wed.

Looks like Scientific Atlanta is red hot for CSCO.

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#7 SemiBizz

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Posted 06 February 2007 - 04:52 PM

Just have to give the snake oil salesman a little time to get to work here... :lol:

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Volume is the only vote that matters... the ultimate sentiment poll.

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#8 hiker

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Posted 06 February 2007 - 04:54 PM

2c..you think 28.99 will be surpassed today or tomorrow? guessing may be fun. I am long from near the AH lows..was eyeing 25.50-26 risk when entered long. upside looks promising for the moment toward 28.99

Edited by hiker, 06 February 2007 - 05:06 PM.