CSCO - Cisco Systems Inc NASDAQ Stock

[stock-up]

I have been watching CSCO for 10 years. It is one of 500 of Americas Biggest Companies. They Manufacture and sell networking and communication products used to transport data, voice and video, accross the street, or around the world and provides services associated with that equiment. They did that by buying smaller companyies and incorporating into the CSCO company. On 7/12/07 they brokeout the multiyear high of 29.97. I belive it will continue to rise till the end of this year. Techs are booming right now.
67% is held by instutions
1.1 % held by insiders
Market cap is 181,651,962,855
Trading average daily is 48,610,200
It can swing during the day. I channel trade it.
Its been way higher than it is right now and I think it will rise again.

[BadThad]

Love CSCO, I've owned it for about 8 years and now I'm riding free shares. :) Only reason I dumped is no dividend, all my long term holds must pay me dividends or they're out....decided this a year ago and it's paid-off (pun intended). :)

[stock-up]

Love CSCO, I've owned it for about 8 years and now I'm riding free shares. :) Only reason I dumped is no dividend, all my long term holds must pay me dividends or they're out....decided this a year ago and it's paid-off (pun intended). :)

Glad to have you aboard we will root for it together. I think its time has come again. :)

[BadThad]

Indeed! I sold before the tech bubble burst and rebought about $18, then sold off as the price went up and kept my freebies. I wish I didn't sell, but I needed the money to finance some other stocks....which I'm glad I did....think XOM baby! :D

[stock-up]

Indeed! I sold before the tech bubble burst and rebought about $18, then sold off as the price went up and kept my freebies. I wish I didn't sell, but I needed the money to finance some other stocks....which I'm glad I did....think XOM baby! :D

If your still watching CSCO and it breaks $30. It will continue. But its resistance is just below it. XOM is a real expensive stock. But I hope it goes up for you.

[Foxtrot]

I havent looked at this one in year. I was in it in the 'good old days' when you could count on at least one split every 10 months or so. Ended up loosing a lot of money.

[stock-up]

I just turned green recently my self. But I believe it will go up till the end of the year.

Today it went thru the $30.00 mark. So If I am right (and we will find out soon) it should continue to rise. (I hope, I hope)

[BadThad]

Yea, finished up 2.3% today to close at $30.26. Too bad I only have 30 shares left....but some is better than none! LOL

[stock-up]

Yea, finished up 2.3% today to close at $30.26. Too bad I only have 30 shares left....but some is better than none! LOL
Damn it moves with the market and the market is down this morning it broke back down below $30.00. But I still belive it will break $30. again and move back up. :mad:

[BadThad]

Damn it moves with the market and the market is down this morning it broke back down below $30.00. But I still belive it will break $30. again and move back up. :mad:

Bear markets suck. LOL

[missionsman1]

Cisco running nice today.

[BadThad]

Yea, cha-ching...up 6.77% for the day. Wish I had more than 30 shares left, but I needed the $$$ for other stocks....but...some is betta than none. LOL

[stockzilla]

Grabbed the 20 puts for earnings today. Looking good AH.

[BadThad]

Smart buy. I hate Chambers, he can kiss my arse. I blame him for starting the NASDAQ sell-off with his comments last year. :-||

[stockzilla]

Looking to buy some Feb 16 and 17 calls on Monday for a two day run up on earnings possible play.

[BadThad]

Down over 16% on guidance.....watch for bottom play!

Current stock price: $20.54

[BadThad]

Looks like the bottom, closed at $20.15 today (52wk low is $19.82).

Good Hulbert article on CSCO:

Did the market overreact with Cisco? Mark Hulbert - MarketWatch (http://www.marketwatch.com/story/did-the-market-overreact-with-cisco-2010-11-12)

[BadThad]

Stock holding it's bottom, current price $20.02

[abc]

Anyone playing currently playing this? Wonder how long its going to take to break that $20 mark.

[BadThad]

Anyone playing currently playing this? Wonder how long its going to take to break that $20 mark.

No, but I think it's a very solid play if you're willing to wait. One nice little spark of good news will get it up again. Look at the chart....it's begging to move up. Technically, it's primed, it's oversold with no real strong resistance until $23.32. Buy now, put in a sell order at $23, and wait. You'll make $3/share but I don't know how long you'll have to wait. It might be until 2-3 quarters when guidance changes.

Cisco Systems, Inc.: NASDAQ:CSCO quotes & news - Google Finance (http://www.google.com/finance?q=csco)
CSCO stock analysis | stock charts | support and resistance (http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=csco)

Here's what killed it:

Cisco Systems, Inc. Issues FY 2011 Revenue Guidance Below Analysts' Estimates; Issues Q2 2011 Guidance Below Analysts' Estimates-Conference Call
Wednesday, 10 Nov 2010 09:30pm EST
Cisco Systems, Inc. announced that for fiscal 2011, it expects annual revenue to grow in the range of 9% to 12% on a year-over-year basis. For the second quarter of 2011, it expects revenue to be in the range of 3% to 5% on a year-over-year basis and earnings-per-share (EPS) to be in the range of $0.32-$0.35 per share and GAAP EPS to be in the range of $0.08-$0.10 per share lower than the non-GAAP EPS. The Company reported revenues of $40.040 billion in fiscal 2010; revenues of $9.815 billion in the second quarter of 2010. According to Reuters Estimates, analysts were expecting the Company to report EPS of $0.42 on revenues of $11.083 billion for the second quarter of 2011; revenues of $45.279 billion for fiscal 2011. - - - - - (repeated)

Here's what will help bring the price back up:

Cisco Systems, Inc. Authorizes Up To $10 Billion In Additional Stock Repurchases
Thursday, 18 Nov 2010 09:36pm EST
Cisco Systems, Inc. announced that at a regularly scheduled meeting of its board of directors, the board authorized up to $10 billion in additional repurchases of its common stock. Cisco Systems, Inc.'s board had previously authorized up to $72 billion in stock repurchases. There is no fixed termination date for the repurchase program. - - - - - (repeated)

[BadThad]

Some speculation that CSCO may start a dividend in 2011....nothing but a rumor at this point.

Current stock price: $20.31

[abc]

Breaking out....this is a very slow moving stock thus far, but its looking good.

[BadThad]

Breaking out....this is a very slow moving stock thus far, but its looking good.

Definately a slow mover, but a solid play for the future IMO.

[BadThad]

New dividend! News:

March 18 (Bloomberg) -- Cisco Systems Inc., the world’s largest maker of networking equipment, said its first cash dividend ever will be 6 cents a share, aiming to give a boost to investors after the shares fell 35 percent in the past year.

The dividend will be paid April 20 to shareholders of record on March 31, the company said today in a statement. The company said in September it plans to start a dividend.

Cisco, which competes against companies such as Juniper Networks Inc. and Hewlett-Packard Co., posted a profit margin last month that missed analysts’ estimates after it spent more to develop products and competitors undercut it on prices. Cisco had about $40 billion in cash and short-term investment as of January.

Cisco rose as much as 48 cents, or 2.8 percent, to $17.48 in trading before U.S. exchanges opened, after closing at $17 in Nasdaq Stock Market trading yesterday.

[justin_502]

Looks like might break the 52 week low today, Mabey see where it bottoms out at.

[greencat]

CSCO in an upward channel that could be building a cup pattern.

CSCO Chart
http://www.profitspi.com/stock-chart-str.aspx?id=CSCO&ca=116788241

[greencat]

CSCO gapped on good earnings. Previoulsy CSCO crumbled down on a bearish head and shoulders pattern. Not a play for me at this point but putting it on a watch list.

CSCO Chart
http://www.profitspi.com/stock-chart-str.aspx?id=CSCO&ca=116788241