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Cisco Systems

By Steve Abraham on Oct 29, 2007

One common theme during earnings has been the big cap tech in general has crushed estimates. Apple, Microsoft, Google, VMWare and some others come to mind. Most companies buy something from CISCO systems. It’s still a bellweather for the tech sector. I profiled Cisco a few months back and said it may be getting its groove back. Well, given the recent pullback in Cisco shares, I think the risk/reward is favorable going into its earnings announcement on November 7. I like the stock here. Old Big cap tech is where the money manager are going to park their money during the fed easing cycle. I see Cisco benefiting. Here is the chart:

 

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This entry was posted on Monday, October 29th, 2007 at 5:47 pm and is filed under Stock Charts. You can skip to the end and leave a response. Pinging is currently not allowed.


4 Responses to “Cisco Systems”


By Aaron on October 29th, 2007 at 6:39 pm

I got into CSCO myself about a week ago. It seems to me like with all of the tech stocks doing so well, it would be a pretty big surprise if CSCO doesn’t do the same, especially considering their conference call last quarter being so bullish.

By Patrick Louis on December 20th, 2007 at 1:01 pm

Cisco did benefit quite a bit during this time. They had huge press in September from a huge tech buy. Cisco is moving to try and become a household name. Wizetrade didn’t even need press release to show the profit for this trade.

By Beth Potts on December 26th, 2007 at 4:46 pm

Most people don’t understand why Cisco is bottoming out. And Neither do I. But I don’t really care. All I know is, I made a ton of money.

By Veronica Meadows on January 10th, 2008 at 3:37 pm

It’s January, and Cisco Systems have still not gained again. I don’t what the short-term future holds here. I’ll keep an eye-out with wizetrade.

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