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Cisco is Still Great

 May 07, 2008 11:16 PM UTC
Return Risk
-8.73% MID
Tracked Blogger
Symbol Sentiment Start Return Closed
CSCO Positive 05/07/08 -7.08% --

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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