It is ONE likely scenario Shack and I hope I'm wrong and they miss or take down guidance but I tend to think they can make EPS and may not want to take down guidance in this somewhat "euphoric" environment and maybe wait until next quarter willing "sales may be better than they look right now."
Like I said, I hope I'm wrong and would love to see or hear more input on what any of you think about CSCO earnings because they will have FAR MORE IMPACT ON THE MARKET THAN the elections or anything to do with the FED.
That is what I am hearing also - CSCO sales have fallen off sharply. The problem is that I trust what Chambers says less than I trust Comcast, which is zero at the moment. If he gives even a half-honest set of numbers and guidance, the revenues should be a miss and guidance should be down.
But CSCO giving honest numbers is asking a lot, in my opinion.
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