Aqua-Soft ForumsCisco Drop Big
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You wanna close your own topic??
nah..
It did ? My uncle works for cisco in canada 
Originally posted by -=Sgt. Config=-@Aug 12 2004, 01:37 PMCisco Dropped BIG!!!!!
10% and all....bad news for me, i am have a lot of their stocks.
<{POST_SNAPBACK}>
No need to worry. There are some uncertainties now, but the Market will pick up again. CSCO will rebound. You should be good if you are in it for long-term gain. They came out with good numbers; it was their forecast that dropped the price. The reason the Market has been down is because of geopolitical uncertainties, i.e. terrorism fear & Yukos situation driving up oil prices (now hurricanes are halting oil production as well); it's an election year (Bush win is good for stock market; Kerry win will have adverse effects).
For disclosure purposes, I am a licensed trader and this is only my opinion. Make decision at your own risk.