Cisco is Still Great - Anders Bylund (Fool.com)

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Cisco is Still Great
May 07, 2008 11:16 PM UTC

Anders Bylund (Fool.com)

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Symbol	Sentiment	Start	Return	Closed
CSCO		05/07/08	-35.65%	--

5/7 - "Cisco Systems (Nasdaq: CSCO) is still on track to meet its own ambitious performance targets, because this world of ours is thirsty for more and smarter network infrastructure. Yes, even under a slowing American economy."

"(CEO John) Chambers believes that the next five years will see Cisco setting itself even farther apart from competitors like Nortel Networks (NYSE: NT), Juniper Networks (Nasdaq: JNPR), and Alcatel-Lucent (NYSE: ALU). The key is "Web 2.0" technologies like cloud computing and software-as-a-service (SaaS), where Cisco is designing its routers and switches to offload some of the data processing from the back-end servers."

"Add a broad market recovery in Asia (particularly Japan), a dash of high-definition online video, and a truly long-term business plan, and you have a recipe for sustained excellence. The stock is never cheap, but sometimes you get what you pay for."

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