CSCO - Cisco at $18.00

Kevin Wong · 08-11-2005, 01:35 PM

I wish Cramer were here to make his recommendation in light of the drop CSCO has had over the last 2 days. I sold my shares at $20.00 and vowed to buy again if it were to go below $19. What's the deal? I don't understand why the stock dropped in the first place, I thought they were doing really well. Anyways, is now the time to hop back in?

helk · 08-12-2005, 11:14 AM

I think it looks a little bearish right now, but I really like the long-term outlook of this stock. CSCO has rebounded nicely and is posting good earnings. I think the stock will break out of its shell within the next year or two and see some substantial movement. I'm looking at this one with long-term in mind.

Will · 08-14-2005, 11:31 PM

i have been saying this since I bought it at 22, 2 and a half years ago. The fundamentals have always been great, all the analysts always rate it a buy, stock scouter rates it highly. For whatever reason it won't budge. This might be the reason Cramer isn't very high on this stock usually. I finally got out a little above 19 and went to Europe. That was a little more fun than watching paint dry.

ike301 · 08-15-2005, 02:19 PM

for kevin:

imo, b/c csco's stock value prices in expectations, the recent statement of a poor outlook has dragged down the industry as a whole.

however, this could be a misread in that other competitors, such as Apple (up 5 bucks since 8/9), are gaining more market share. a shift in leaders versus a slide in the industry.

i still think CSCO is good buy, as they have a great model, and still remains as the industy leader. i think CSCO is putting out conservative expectations in light of dell's statements and will still hit their numbers at Q and YE.

helk · 08-15-2005, 02:24 PM

Yeah, this one is going to require some patience. They've been getting beat up on some major security flaws in their equipment lately, which is probably keeping the stock bearish right now. I still think it's a little early for a buy, but it deserves some attention over the next few quarters as it could start moving at any time. Maybe when they repair their security issues??

z32fanatic · 08-23-2005, 04:33 PM

Cisco has hit its lowest point in almost 2 years at 17 and I'm buying it. It has a monopoly on wireless internet products which should be more and more popular in the coming years. I foresee almost everyone with a laptop having wireless in their house or apartment within the next 3 or 4 years. It's only $50 and I can't see living without it now. Entire towns are considering going wireless now and that can only help Cisco. I see 22-24 within the next year for this stock.

ike301 · 08-23-2005, 07:08 PM

Quote:

Originally Posted by z32fanatic

Cisco has hit its lowest point in almost 2 years at 17 and I'm buying it. It has a monopoly on wireless internet products which should be more and more popular in the coming years. I foresee almost everyone with a laptop having wireless in their house or apartment within the next 3 or 4 years. It's only $50 and I can't see living without it now. Entire towns are considering going wireless now and that can only help Cisco. I see 22-24 within the next year for this stock.

optimistically, i see more, especially with potential in Asia. as prices continue to go down and internet access becomes more prominent overseas, i think CSCO will come up. over course this is ELT (extra long term). near term, hard to say. with all due respect, i dont think a 'lowest point' justifies a buying frenzy - it may, if your research shows that the value is exceeds current stock price, then definitely buy it.

08-11-2005, 01:35 PM	#1
Kevin Wong valued contributor Join Date: Jul 2005 Location: CA Posts: 225	CSCO - Cisco at $18.00 I wish Cramer were here to make his recommendation in light of the drop CSCO has had over the last 2 days. I sold my shares at $20.00 and vowed to buy again if it were to go below $19. What's the deal? I don't understand why the stock dropped in the first place, I thought they were doing really well. Anyways, is now the time to hop back in?

08-15-2005, 02:19 PM	#4
ike301 valued contributor Join Date: Aug 2005 Location: San Francisco, CA Posts: 20	for kevin: imo, b/c csco's stock value prices in expectations, the recent statement of a poor outlook has dragged down the industry as a whole. however, this could be a misread in that other competitors, such as Apple (up 5 bucks since 8/9), are gaining more market share. a shift in leaders versus a slide in the industry. i still think CSCO is good buy, as they have a great model, and still remains as the industy leader. i think CSCO is putting out conservative expectations in light of dell's statements and will still hit their numbers at Q and YE. __________________ the bulls

08-23-2005, 04:33 PM	#6
z32fanatic new member Join Date: Aug 2005 Posts: 5	Jumping on CSCO Cisco has hit its lowest point in almost 2 years at 17 and I'm buying it. It has a monopoly on wireless internet products which should be more and more popular in the coming years. I foresee almost everyone with a laptop having wireless in their house or apartment within the next 3 or 4 years. It's only $50 and I can't see living without it now. Entire towns are considering going wireless now and that can only help Cisco. I see 22-24 within the next year for this stock.

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08-12-2005, 11:14 AM	#2
helk valued contributor Join Date: Aug 2005 Posts: 112	I think it looks a little bearish right now, but I really like the long-term outlook of this stock. CSCO has rebounded nicely and is posting good earnings. I think the stock will break out of its shell within the next year or two and see some substantial movement. I'm looking at this one with long-term in mind.

08-14-2005, 11:31 PM	#3
Will valued contributor march/06 challenge winner Join Date: Aug 2005 Posts: 725	i have been saying this since I bought it at 22, 2 and a half years ago. The fundamentals have always been great, all the analysts always rate it a buy, stock scouter rates it highly. For whatever reason it won't budge. This might be the reason Cramer isn't very high on this stock usually. I finally got out a little above 19 and went to Europe. That was a little more fun than watching paint dry.

08-15-2005, 02:24 PM	#5
helk valued contributor Join Date: Aug 2005 Posts: 112	Yeah, this one is going to require some patience. They've been getting beat up on some major security flaws in their equipment lately, which is probably keeping the stock bearish right now. I still think it's a little early for a buy, but it deserves some attention over the next few quarters as it could start moving at any time. Maybe when they repair their security issues??