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Woah, CSCO

Shoe City Thinker

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HelloIDistance

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Originally Posted by Shoe City Thinker
Cisco Systems (CSCO) dropped rock yesterday, losing 3.12 points. The 3.12 point loss was due to John Chambers' statements during the Q2 2011 Earnings Conference Call. Chambers cited shrinking margins, loss of market share, and other factors contributing to the weaker outlook for the coming quarter. Analyst reports:

http://finance.yahoo.com/q/ao?s=CSCO+Analyst+Opinion


http://www.canadianbusiness.com/mark...tent=D9L9UPL00


This has been an ongoing pattern for CSCO ( to drop hard after earnings). In hindsight I should have shorted it
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Slopho

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Originally Posted by HelloIDistance
This has been an ongoing pattern for CSCO ( to drop hard after earnings). In hindsight I should have shorted it
wink.gif


These words are the most commonly used on wall street.
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