CSCO will save the day, GM well just ignor that

Discussion in 'Trading' started by myminitrading, Nov 7, 2007.

  1. Everyone focus on CSCO they will save the stock market.
     
  2. empee

    empee

    i was thinking the opposite, although I was also thinking they would rob sales for next Q since I think they are setting up for a monster miss next Q. Why? Because their CEO is the ultimate fade indicator. Usually 2Q's after he says how great things are is when things usually fall apart. Maybe companies @ the top buy all the promises CSCO makes with the extra $$ they are making at the top of the business cycle and buy equipment that theoretically increases profits/lowers costs. CSCO will miss, most likely next Q tho.