Replies to post #12276 on Zeev's Turnips Patch-No Politics (ZEEV)

[wstera2]

16:18 ET Cisco Systems reports $0.14 per share, two cents better (CSCO) : Company reports Q4 earnings of $0.14 per share, $0.02 better than the Multex consensus; Q4 revs came in at $4.83 bln vs the consensus estimate for revs of $4.88 bln; no guidance included with company's release; co also increased its stock buyback by $5 bln to a total of $8 bln (of the total $8 bln, $2 bln has already been repurchased).

[marginnayan]

Any input on MERQ and MER in terms of target ?
Is today's move some sort of confirmation to your forecast ?

I still need time on that other one. I have not though it out fully.

[wahz]

well the bears, not you Zeev, can laugh all they want but CSCO is having at least a VERY good cc. I think some shorts might be having nightmares of them churning out .60-.75+ in pf e in the next 12 months, so it may be time to run like hell...at the very least, time is running out on their party. Probably going to gap up, which isn't healthy, imo.

So much for the qqq staying under 23. There will be a ton of sellers at 24 if we get there in the next 10 days.