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Author: [Investments] Topic: Who's buying CSCO today?
ClubDirt send a private message View Space | Blog | Friends | Playbook |
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#1
Posted: 2/10/2011 10:56:54 AM
is it on sale?
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#2
Posted: 2/10/2011 11:03:08 AM
Not me..

It is a well run company, good management etc, but the stock has been dead money for 10 years.

It is obvious that their core business is losing margins, their best margin business is slowing and they had to buy that business at a high price (SFA).

You could nab 5 pts out of it if the market keeps rallying, but the growth and profits just arent there, and margins will keep getting slimmer and slimmer as they go.
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#3
Posted: 2/10/2011 12:10:28 PM
well, my dad bought some.  that's his style.  i'm going to continue to wait for better opportunities. 
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#4
Posted: 2/10/2011 10:54:04 PM
Suffering the same fate as another tech behemoth before it ; Microsoft.   These tech companies get so big and bulky that it becomes difficult to execute the stellar growth patterns as in their younger years.  Such is the fate in the rapidly changing tech environment.  

I could be wrong, but I don't believe Cisco even sports a dividend.  At least you get paid for owning Microsoft.
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#5
Posted: 2/11/2011 10:36:04 PM
they don't, rush, but they have a shitload of cash and have talked about instituting a dividend.  i'm still on the fence with this one.  
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#6
Posted: 2/12/2011 1:51:02 PM
http://data.cnbc.com/quotes/CSCO/tab/2

Chart not looking healthy.

With the nice run the market has seen recently, you would expect better charting from a senior company. 

It is far from a safe play and IMO will bottom around $17.00. 
I would wait until this run hits bottom, which should come shortly after earnings season wraps (the end of February).

CSCO has always lagged the market so I wouldn't put much faith in the stock being undervalued.

Happy Investing.

 
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#7
Posted: 2/13/2011 9:54:11 PM
rent, i agree.  i'm not in any hurry here.   i'm not a trader.  if i buy something, i'm usually looking to hold it.  but i'm going to keep my eye on it.  
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#8
Posted: 2/14/2011 12:13:35 AM
If you are going to buy and sit on it for awhile,then why buy a company like csco? The stock does nothing.Buy C .I know its a bank stock,but if you are going to hold it for some time,Id jump in.I think its at 4 something now,with upside potential much more exciting then CSCO.....
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#9
Posted: 2/15/2011 1:28:49 PM
i actually did buy a bank recently.  my second stock purchase in 2 years was HCBK at $11.30.  i haven't done anything with CSCO.
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#10
Posted: 3/17/2011 8:57:26 PM
QUOTE Originally Posted by Renton2010:

http://data.cnbc.com/quotes/CSCO/tab/2

Chart not looking healthy.

With the nice run the market has seen recently, you would expect better charting from a senior company. 

It is far from a safe play and IMO will bottom around $17.00. 
I would wait until this run hits bottom, which should come shortly after earnings season wraps (the end of February).

CSCO has always lagged the market so I wouldn't put much faith in the stock being undervalued.

Happy Investing.

 

Now I would consider CSCO to be on sale, for whatever it is worth.

Closed at $17.00 today, which is my entry point. 
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TheMadGreek send a private message View Space | Friends | Playbook |
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#11
Posted: 4/6/2011 8:46:01 AM

Bought 1000 csco stocks @ $17.49, will buy more if it drops to $17 or below

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#12
Posted: 4/6/2011 11:38:35 AM
Well the NASDAQ 100 is rebalancing for the first time since 1998. Currently CSCO is at 3,709,783,134 shares or 1.56% weighting in the NASDAQ 100, this will increase to 5,527,994,846 or 3.66% of the total weighting in that index. Look for huge buying from Powershares Capital (QQQ) on May 2nd. Along with the other Index players (ie Vanguard, State Street, Blackrock, etc.)
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#13
Posted: 4/6/2011 7:32:26 PM
I'm tempted to buy more shares even though it is @ $18
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#14
Posted: 4/9/2011 11:33:37 PM
the "boys" have put CSCO under distribution since March of 2010.  if the market rallied huge it might bump up to the moving averages in the 21/22 area but aside from that it ain't going higher and if the market corrects it will go lower.  it is what it is.
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