Re: CRS-3

[Brian Feeny <bfeeny () mac com>]

Yes, and their stock price dipped today after the news release actually hit.

So remember people, buy on rumor, sell on news.



Brian



On Mar 9, 2010, at 3:41 PM, Express Web Systems wrote:

> > Wow what?
> >
> > Is there anything in the CRS-3 that competitors are not shipping _today_?
> >
> > If you look at some startups, they are doing 4-5 times as many Gbps per
> slot,
> > and pre-release equipment is in use in some networks already.
> >
> > The only "wow" here is "wow, why did cisco hype how far behind they are?"
>
> It's called doing the "wall street dance". Their stock price jumped 3%
> yesterday in anticipation of the "big" announcement. Hype is hype, and
> people still remember the magic of the dotcom bubble. "ZOMG! They increased
> the size of the tubez! BUY! BUY!"
>
> [full disclosure: I own stock in Cisco]
>
> Tom Walsh
> Express Web Systems, Inc.