Monday, November 8, 2010

Key To Igniting Stock Gains: Briefs John Chambers, CEO, Cisco

Investors are looking on whether Cisco Systems Inc. Chief Executive John Chambers will retain some of his usual charms when Cisco reports earnings next week.
Cisco is expected to deliver a strong set of results with a strong upbeat outlook. A vote of confidence from Chambers could boost its shares, which have faded away in the past three months.
Keeping motivated, like his previous warning of "unusual uncertainty," would credit on Cisco's shares, which analysts consider an understatement considering the company's long-term prospects.
Avian Securities analyst Catharine Trebnick spoke of the situation in these words: "I think he might move a little bit toward more positive, although not much. I think he's going to be optimistically cautious."

Aware of the popularity of being optimistically on the future of the Internet, Chambers itself is a well-regarded reader of economic trends. He was also one of the first Silicon Valley executives to admit to the impact of the financial crisis.
Analysts have predicted the results, due on November 10 after the market closes, to show $10.73 billion in revenue for the company's fiscal first quarter, ended October 30, up 19 percent year-on-year.
Further they also expect Cisco to work out second-quarter revenue of $11.08 billion, according to Thomson Reuters I/B/E/S, showing Cisco moving well beyond the worst of the downturn.
Analysts, support their judgments, stating that never the less long-term demand looks healthy as more consumers go on the Internet, not just to email or browse websites but also to download movies and songs, and chat online --all activities that require advanced network equipment.

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