Replies to post #12341 on Zeev's Turnips Patch-No Politics (ZEEV)

[wstera2]

Keep in mind they are giving guidance for the slowest Qtr of the year....... sooooo, guiding flat to slightly up is actually fairly good, no?

BWTHDIK?

Ö¿Ö

[Rayman]

AH CSCO is amazing. Cool, just sold my last batch of AMCC and NVDA, and EXTR(0.09 gain. bought too high). Cash is about 60%. I promise this is the last sell I do today<g>.

Tomorrow they may gap up NAZ again, too bad I will be on the airplane, so I take some profit when offered.

TLAB is on fire today, yesterday it is the worst POS on my screen. Unbelievable. Still have some, will dump them if it reach my sell limit at 6.12.

Sold MUSE for a loss just now, can't believe that NAZ rally so big, this one can't move a penny. Whatever, I don't argue with Mr. Market, have to take the loss and move on.

Ciao.

[Lane Hall-Witt]

They've been moving aggressively during the call to address market chatter about accounting and earnings-management practices: they're emphasizing linearity in shipments, rather than either stuffing the channel at the end of the quarter or deferring shipments once the quarter is "made"; they're saying that they're no longer taking gross-margin benefits by using inventory that has previously been written off; they're stressing that their SEC filings are sound and that they're comfortable signing off on them. So I suspect they're getting ramped in part because they're confronting these worries.

On top of that, in relative terms, compared to their top competitors, CSCO's performance has remained astoundingly strong. Chambers gave a series of comparisons of CSCO versus its top ten competitors -- sales, earnings -- that were pretty remarkable. Very much a function of the fact that CSCO's business is concentrated in the enterprise and commercial markets, rather than the service providers.

Finally, CSCO's large stock buyback is probably attracting some bids.

On the downside, CSCO said its book-to-bill next quarter may come in below 1: I'll be curious to see if that disappoints any analysts tomorrow. On the call, one analyst asked a question that suggested this may be a disappointment. This quarter's book-to-bill came in at "about" 1.