Enviado: 1/5/2003 19:27Incognitus,
Olha aqui outro analista com os mesmos pensamentos...
Um abraço,
Ulisses
Cody Willard
"Bonds and Cisco Raise Eyebrows"
5/01/03 02:03 PM ET
"The bonds still won't confirm this market's strength. You can just sense that what's left of the shorts were scared to press today, and sure enough, we've got the underperforming panic buyers stepping in.
While the underlying market bid itself doesn't come as much of surprise, I am feeling a little whiplashed by the turnaround in some stocks -- Nextel, for example. We were wrong for not covering some of it today after the quick beaner we made from our Tuesday short.
On a different note, I think much of the past few days' strength in tech can be attributed to the rumors that Cisco's going to make or beat its quarter. I wrote several weeks ago that there would be little doubt that Cisco would beat the numbers that analysts were proactively lowering last month. And Cisco wouldn't shock me if they guided next quarter's estimates higher than the newly lowered Street numbers.
Yeah, the games go on. Even if the company does exactly as I expect there, I think we're closer to a near-term top in Cisco than anything else. Can't you just picture the company beating and guiding higher, the stock popping 5%-10% the next morning and then heading back down to $12-$13? Boy, I can. I think any move to $16 would be infinitely fadeable. "
(in www.realmoney.com)
Olha aqui outro analista com os mesmos pensamentos...
Um abraço,
Ulisses
Cody Willard
"Bonds and Cisco Raise Eyebrows"
5/01/03 02:03 PM ET
"The bonds still won't confirm this market's strength. You can just sense that what's left of the shorts were scared to press today, and sure enough, we've got the underperforming panic buyers stepping in.
While the underlying market bid itself doesn't come as much of surprise, I am feeling a little whiplashed by the turnaround in some stocks -- Nextel, for example. We were wrong for not covering some of it today after the quick beaner we made from our Tuesday short.
On a different note, I think much of the past few days' strength in tech can be attributed to the rumors that Cisco's going to make or beat its quarter. I wrote several weeks ago that there would be little doubt that Cisco would beat the numbers that analysts were proactively lowering last month. And Cisco wouldn't shock me if they guided next quarter's estimates higher than the newly lowered Street numbers.
Yeah, the games go on. Even if the company does exactly as I expect there, I think we're closer to a near-term top in Cisco than anything else. Can't you just picture the company beating and guiding higher, the stock popping 5%-10% the next morning and then heading back down to $12-$13? Boy, I can. I think any move to $16 would be infinitely fadeable. "
(in www.realmoney.com)