csco getting wacked-earnings on wednesday

Discussion in 'Stocks' started by dsq, Feb 4, 2008.

  1. dsq

    dsq

    interesting since its dropped 10 pts from november report and jumiper reported great earnings in january...Might be a huge bounce or dud.
     
  2. you mean to say that csco will rise or fall after releasing earnings?

    shit man, that's a radical prediction, how did you come up with it?
     
  3. They may beat earnings, but I doubt they will give a positive outlook.

    I got puts!
     
  4. Their GL gives them some flexibility because they can do a quarter end close in less than 2 days --- many larger companies require 3-7 days

    in a good or even 'ok' quarter --- they can 'pre-close' quickly and decide whether to book additional revenue to the next quarter

    they do it all the time - and ifyou notice they generally 'beat by a penny' ..... (if you like pro-forma numbers that is)
     
  5. l4t13

    l4t13

    CSCO almost always beats by a penny and Chambers is almost always way too conservative.

    I wont play their earnings after my last quarter blow up on csco. (i was long and chambers flopped.) I would probably short it in this market.