csco getting wacked-earnings on wednesday

[dsq]

interesting since its dropped 10 pts from november report and jumiper reported great earnings in january...Might be a huge bounce or dud.

 

[blackjack007]

Quote from dsq:

interesting since its dropped 10 pts from november report and jumiper reported great earnings in january...Might be a huge bounce or dud.

you mean to say that csco will rise or fall after releasing earnings?

shit man, that's a radical prediction, how did you come up with it?

 

[switze22]

They may beat earnings, but I doubt they will give a positive outlook.

I got puts!

 

[mgabriel01]

Their GL gives them some flexibility because they can do a quarter end close in less than 2 days --- many larger companies require 3-7 days

in a good or even 'ok' quarter --- they can 'pre-close' quickly and decide whether to book additional revenue to the next quarter

they do it all the time - and ifyou notice they generally 'beat by a penny' ..... (if you like pro-forma numbers that is)

 

[l4t13]

CSCO almost always beats by a penny and Chambers is almost always way too conservative.

I wont play their earnings after my last quarter blow up on csco. (i was long and chambers flopped.) I would probably short it in this market.