.35 eps 9.4 billion revenue The way tech has been playing out csco should beat these numbers by a mile.
I would think these earnings would have to be better then the last two years. And since I own CSCO, I expect it to drop.
I just sold the rest of my CSCO, but I think it will continue to rise over the next couple of weeks. I'm bullish, but I trade almost exclusively intraday and I've already got my investment capital piled into XOM and SIRI.
Here's a chart I've been using for the last couple of days on CSCO. Worked out pretty well for me. Noe it seems we are a bit overbought and has been ranging for the last 3-4 trading days. I do like what I saw on friday, In that it fell towards $23 and buyers stepped in and bought it back up so that was good news. For full version go here: http://i46.tinypic.com/2n706bl.png