The reason I have to take some losses here is because I have grave doubt about CSCO. I respect(yes) John Chambers, and think he is one of the better CEOs out there, but no way CSCO's earning gonna be good. Have been working in hi-tech for a decade, IMHO CSCO is experiencing a nuclear winter here. If Chambers does not sing the tune well tomorrow AH.....look out below.
I sure as heck hope CSCO stock has priced in the disappointment, but I am not holding my breath.
CNBS is running a Chambers "ceo spotlight" tomorrow at 5pm. i believe that is post-earnings. since what positions i have are long, i'm going to take that as a positive sign.
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