Cisco is worth a look at these levels

Filed under: Internet, Cisco Systems (CSCO), Stocks to Buy, Technology

Two fundamentals warrant the advocacy of Cisco Systems (NASDAQ: CSCO) as a defensive play: 1) the company is the world's largest supplier of computer internet-network systems, and 2) emerging market growth. So long as the internet remains intrinsic to business processes in emerging and developed markets and so long as emerging markets continue to grow, Cisco will benefit in the years head. Analysts project a roughly 12-15% annual revenue growth rate for CSCO for 2008-2009. Another positive: look for CSCO's advanced technologies unit to continue to contribute impressively to the company's revenue, on video system business.

Further, skip (for now) the debate regarding the possible 'broadband shortage'