Who knows where the bottom is, but with CSCO at these prices I think it's an absolute steal. Sure their is a lot of pressure in the switching segment, pressure from decrease in government spending, pressure from DEAD MONEY headlines playing on… More
Cisco will under perform as evidenced by the layoff of 10,000 employees, indicating the corporate plan has not been in line with market demand. Yes, the layoffs will result in some positive bottom line results in the short-term, but today's (7/12/11)… More