CSCO - Cisco Systems Inc - Page 46

just read cisco's coming out with their own tablet powered by android.. price will be a bit less than $750 from what I read...

i seriously question the intelligence of csco's management...

Flip 2.0...

Quote:

Originally Posted by charulz 

just read cisco's coming out with their own tablet powered by android.. price will be a bit less than $750 from what I read...

 

i seriously question the intelligence of csco's management...

 

Flip 2.0...

WTF would they produce a tablet? If true I'm with you...that's not their core saavy. Good for me because if they keep f'in up I can keep selling covered calls and if it get's low enough I'll even average down selling puts. LOL.

also on a side note, i went to watch transformers yesterday (wasn't that great and it was kinda long imo... maybe the worst one of the 3).. anyway you will notice that in the movie, the military uses alot of CISCO equipment...

atleast we know if we ever get attacked by robots, cisco pps may soar on military demand...

p.s. the chick that replaced megan fox is even worse of an actress than megan fox is and definitely not as hot as megan fox..

Quote:

Originally Posted by charulz 

also on a side note, i went to watch transformers yesterday (wasn't that great and it was kinda long imo... maybe the worst one of the 3).. anyway you will notice that in the movie, the military uses alot of CISCO equipment...

 

atleast we know if we ever get attacked by robots, cisco pps may soar on military demand...

 

p.s. the chick that replaced megan fox is even worse of an actress than megan fox is and definitely not as hot as megan fox..

Yea, government and military uses a lot of CISCO equipment.  A drawback on gov and military spending was part of the reason for the drop in Feb if I recall correctly.  But, considering most of their communications is dependent on CISCO hardware I'm not worried.

This is really starting to feel like a bottom to me.  They're making a lot of changes (some people think for the better, others are indifferent, but I don't think anyone really thinks the changes are for the worse) and technically, the stock hasn't traded above the 20 day MA for any real length of time since the December - February period.  It's been above the 20 day MA since the end of June now.  Today hasn't been a great day for CSCO but I really think we see $20 before we see $13-14 and it's sitting at 15.55 as I'm typing this, so I'm going to purchase here.  Risk vs. Reward just seems in my favor right now. 

I have never bought CSCO in the past 2 years because I just felt like it could keep falling.  But I really feel like this is a good safe haven at worst right now and has a lot of potential upside.  I don't expect to see a significant upside until they report in August and give their outlook though.

I'm on the same page. Hoping for a rally so I can push some covered calls. :)

The job cuts are probably a good thing long term ... for profitability.

Quote:

Originally Posted by MC 

I'm on the same page. Hoping for a rally so I can push some covered calls. :)

The job cuts are probably a good thing long term ... for profitability.

Possibly, but I really wouldn't think of this as a short term play in terms of weekly options or anything.  Its still definitely possible for CSCO to continue to go down for another week or two (although I think minimally) as it builds a base.  I think earnings will turn the stock around as they disclose exactly where they are going from here.  For good reason the stock has gone down in the past 6 months as the government is trying to slow spending, which affects Cisco directly since a good portion of Cisco's revenue is from the government systems. 

I don't play weekly options personally. I'm looking bigger picture.

Agreed with a long-term bullish outlook on CSCO.

What do you guys think? I am looking to get into CSCO for the long term, but I don't know if I should wait until after they report their earnings or if I should get in before hand. What do you guys think? Will their earnings be positive and end up boosting the price tremendously? 

Quote:

Originally Posted by Mr. Siri 

What do you guys think? I am looking to get into CSCO for the long term, but I don't know if I should wait until after they report their earnings or if I should get in before hand. What do you guys think? Will their earnings be positive and end up boosting the price tremendously? 

you could do what i did and sell the AUG 15 Put for 30-40 cents

Quote:

Originally Posted by JFerraro 

you could do what i did and sell the AUG 15 Put for 30-40 cents

"Selling puts is risky business" or so the story goes. ;)

If you want in at $15 either way...why not take a free .40 cents off the share price?

8)

Quote:

Originally Posted by MC 

"Selling puts is risky business" or so the story goes. ;)

If you want in at $15 either way...why not take a free .40 cents off the share price?

8)

 

and who tells this story? I have never outright bought stock. I like free money

Yeah, but I also don't wanna miss the boat. If I sell the put and it never gets filled, then I am going to miss out on a lot of profits. 

Quote:

Originally Posted by Mr. Siri 

Yeah, but I also don't wanna miss the boat. If I sell the put and it never gets filled, then I am going to miss out on a lot of profits. 

so what in  a company that normally goes nowhere makes you think you'll miss so much lol. In any case if you buy it and they miss for a 6th time you get to enjoy a lot of pain.

Quote:

Originally Posted by JFerraro 

and who tells this story? I have never outright bought stock. I like free money

Most people are brainwashed into thinking it's uber risky. You're a wise trader/investor for liking OPM (other peoples money)! 8)

Quote:

Originally Posted by MC 

Most people are brainwashed into thinking it's uber risky. You're a wise trader/investor for liking OPM (other peoples money)! 8)

 

i remember you sending me a pm about selling options. did you end up trying it out?

Quote:

Originally Posted by JFerraro 

i remember you sending me a pm about selling options. did you end up trying it out?

I've sold a few covered calls for profit. I keep trying to sell a put on PSUN to average down but the spread is wide, they are illiquid and now they are OTM after the recent bounce. I'm at my max risk tolerance for CSCO or I'd have sold puts on it.

Thanks for the info BTW. :)

Quote:

Originally Posted by JFerraro 

so what in  a company that normally goes nowhere makes you think you'll miss so much lol. In any case if you buy it and they miss for a 6th time you get to enjoy a lot of pain.

As Cisco goes up to $16.24... 
 

Quote:

Originally Posted by Mr. Siri 

As Cisco goes up to $16.24... 
 

 

Hey i made my .4. And if they miss earnings no big deal. If they beat and go up its not like its the first one i've missed. Buy it and see how you do :)