Friday, April 1, 2011

CSCO - Hmmm...

Attention greedy bastards - like me.
1st, there's no such thing as a sure thing. Okay, we know that.

Find a truck.
Load it with money (not the easiest part of this idea)
Back the truck up and buy CSCO.

Ya - it's a big big (cap) puppy and ya - it's scary but...

Forward PE under 10 times earnings (and at worst they will meet estimates - guidance is never optimistic - never).
They now toss off a dividend of 1.4% (based on today's price)
Anywhere under $18 = Get the truck.

My guess (of the wild-ass variety) is that we'll see an easy $22 by the end of Q2 (quicky) and $25 by year's end.

Or not.

Fine print: I have no real clue. Don't leave the house - you may turn an ankle. See your local PGA professional. Cape does not enable user to fly. Actual price may vary. See dealer for details. Forget this. Avoid eating too much swordfish. Fuzzy Wuzzy had no hair.

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