MOTHER of all earnings report...CSCO

Tuesday after close CSCO is due to report their Q3 earnings.

The following is the consensus:

Sales Q3 $8.76 Billion Sales Q4 $9.23 billion
YOY +19.7%

EPS Q3 33 cents EPS Q4 35 cents
YOY +13.7%

Fy 7/07...................... FY 7/08

Sales $34.62 Billion $39.39 Billion

EPS $1.33.................... $1.56

CSCO Current Stock price $27.91

PE ratio 20.98 ..............17.89


As per recent trend CSCO generally beats the earning estimates..............CSCO anticipated earning report will get lot of press starting monday...........which will result in CSCO making a move towards its 52 week HIGH of $28.99......which is $1.08 cents away...............

CSCO is the mother of all technology stocks..........because it is the backbone of NETWORKING & internet......which is GROWING worldwide.......switches/routers/optimization/speed/video/wi-fi.....will be the telltale of CSCO'S ER.

Entire tech will be on FIRE if CSCO reports a good earning & good guidance...........which I am expecting it to be the case on both count.

CSCO will also CONFIRM that worlwide technolgy spending is on the UPTREND.......spurred by the GROWTH of internet search/video/blog/photo........

I could not have imagined that CSCO ever will trade @ 17.89 forward PE...which is a conservative number............so CSCO is among the LOWEST PE stock in tech.

So expect a good week for CSCO & entire tech which will get a BULL SIGNAL from CSCO ER.

Please do your OWN due diligence as the above is my personal opinion.....and I do own CSCO in my portfolio.....I have put my money where my research is...........

BLOG does not give BUY or SELL.BLOG is for educational purpose ONLY.

Good luck in your research & conviction.

Saleem