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In what follows I have color coded various sections from both 2007 and 2010 for your amusement.
September warning flags are in red.
November revenue misses are in green.
November stock price crashes are in blue.
September 12, 2007
"A Replay of Internet Boom"
In a keynote address the VMworld conference in San Francisco, Chambers said virtualization is spearheading "a second phase of innovation," in an identical replay to what happened in the mid-90s, when the number of Internet users skyrocketed.
November 7, 2007
Cisco Sees "Lumpy" Demand
NEW YORK (Reuters) - Cisco Systems Inc (NasdaqGS:CSCO - News) CEO John Chambers said on Wednesday his company was hit by "dramatic decreases" in orders from U.S. banks, triggering concerns about its growth prospects and sending its shares plunging.
For what it is worth, the recession officially started one month later.
September 15, 2010
Cisco's first dividend coming this year
Tech companies have traditionally not paid dividends so they can put the money back into research and development.
November 10, 2010
Cisco's dismal outlook stuns Street
NEW YORK (Reuters) - Cisco Systems Inc (NasdaqGS:CSCO - News) gave a dismal revenue outlook, stunning investors who had hoped for proof of a recovery in technology spending and sending major tech stocks tumbling.
...
Shares of the company crumbled to $21.47 in after-hours trade. They had gained around 20 percent since hitting a year's low at the end of August, as the tech sector rallied on hopes of a recovery in spending.
Guess what? I'm still deflationary.
November 8th COVID Update: Deaths Continues to Decline
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[image: Mortgage Rates]Note: Mortgage rates are from MortgageNewsDaily.com
and are for top tier scenarios.
For deaths, I'm currently using 4 weeks ago for ...
2 hours ago
4 comments:
Cisco Forecasts Revenue That Falls Short of Estimates
“The competitive landscape is getting more intense,” said Erik Suppiger, an analyst at Signal Hill Capital LLC in San Francisco. He recommends buying Cisco’s shares, which he doesn’t own himself.
Of "course" he doesn't!
Sorry, just trying to work in another golf pun from the previous comment thread. ;)
November 5, 2010
Cramer's 'Mad Money' Recap: Next Week's Game Plan (Final)
Cramer said networker Cisco (CSCO_), a stock which he owns for his charitable trust, Action Alerts PLUS, will be the main market driver next week. Cramer said he expects positive news from Cisco, but noted that the stock will likely run up before selling off on the news.
Well, Cramer got the "selling off on the news" part right at least, lol.
Well, Cramer got the "selling off on the news" part right at least, lol.
Stag,
Lol is right! CSCO sold off on bad news not the good news that Cramer predicted.
Why do people watch this guy? You couldn't have been more wrong over the past 13 years if you tried. I think the price of gold here makes more sense than the fact that people still listen to Cramer.
mab,
Cramer is the master of the Sarcasm CALAMITY!
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