May, 2005:

Cisco’s volume for the day was 123M, twice as much as the 3-month average of 59M. This shows the huge amount of interest and accumulation for this stock. The stock closed at $18.55, up 34 cents.

On May 4th, I posted my blog goal of achieving 1,000 hits by the end of this month. I was at around 800 hits then. In less than seven days, I had more than 200 visits to my site.

I am going to be bold and raise my target to 3,000 total visits by the end of June 2005. I do expect a huge traffic coming in from Nev’s site after I complete one of the money-making ideas.

Cisco 3Q Earnings Rise, Beat Expectations
“Cisco 3Q Earnings Rise 16 Percent, Beating Expectations; Sales Jump More Than 10 Percent”

Cisco Beats The Streets by a Penny
“Cisco made 23 cents a share on sales of $6.19 billion in the latest period. Wall Street analysts had forecast a 22-cent profit on sales of $6.16 billion. ”

Looks like Cisco is in very good shape and it will continue to grow. The stock price closed at $18.21 (as a yesterday’s closed), but the price went up after-hours, to as high as $18.37 and finally settled at $18.25. The volume today was almost 75M about 40% higher than the 3month average volume, indicating that the market has a very high interest in this company right now. Accumulation for this stock is growing because the market thinks it’s cheap. With zero debt, $6B in cash, low P/E, high brand-recognition, strong revenue growth, increasing business spending from the market, potential VoIP and other power play, I say this is one company with a very high reward/risk ratio.

Cisco has been doing pretty well for these past few days. The stock price has been hovering around low 18′s since this morning and it is pretty steady as investors await for the earnings news and guidance today. The key is guidance for the next quarter. If the company provides good numbers for the next quarter, this stock is going to take off.

I’m currently holding 125 shares, bought at $17.85. Ticker now reads $18.15, and it seems to be moving up. I don’t care which direction it goes. Up, I’ll sell. Down, I’ll buy more. In the long term, this stock is going to make me some money.

Monday morning… and pretty much every weekday.

We celebrated two friends’ birthday at someone’s house last night. Of course, Texas Holdem was one of the activities since all of us are so hooked in the game. During the game, I have been amazed at the cards I was dealt. I got pocket King’s on one hand. I raise immediately and nobody called, so I claimed the pot. Then I got pocket Ace’s on the next hand after the pocket King’s. I raise again but someone challenged me. I ended up winning with the higher pair. Then at another hand, I had Q,2, both diamonds. Someone went all in, I called, and I got a flush on the flop. I won that hand, despite his pocket King’s. On the next hand following that, I got a 4,7. Someone went all in before the flop. I was going to fold but that person dared me!! I had way more than enough chips to spare, so I called him. The flop opened 4,7,7 — a full house on the flop. I won that hand too, despite his Ace, King.

See, Ace, King are very high cards, but unfortunately even a pair two can beat them. It really depends on the flop. Low cards are usually folds, but if the flop opens low cards, it may not be a bad call after all. You might aruge that high cards have a higher probability of winning. If you have a pair, of course you would rather it be a high pair as opposed to a low one. But this is gambling, nothing is for sure. Sometimes I go in with high cards, and low cards show up on the flop and I end up losing to a pair 2′s with a King and Queen. Who knows? Like my previous hand, I went in with a 4,7 and I hit a full house and knocked out a player.

I was playing Texas Holdem (tournament style) with my friends on Friday night (as usual) and I was down to very few chips. Everyone else got knocked out except me and Kit. His stacked of chips was huge (we had 6 players). I didn’t think I would stand a chance with him. I went all in and won that hand. Then I started to win back slowly and eventually I took away all his chips. I totally came back from the underdog. It was a great game!

We played a second game and I won that game too. It was a great night. Total winning was $50.

Cisco Systems (CSCO) has rallied for the past two days and has climbed over the $18 mark briefly today. I sold most of my shares at $17.96, and gain a profit of almost $150.