Mike,
You make a few outstanding points. CSCO's product line is spread VERY wide and their markets are equally broad. They've made fabulous strides in penetrating new broadband delivery markets of the future such as Cable and DSL, they continue to be THE company for enterprise nets and as you have seen recently they are making excellent progress in carriers networks as well. The reason they've made such great progress goes well beyond their product line...it goes to their business accumen, their excellent management, sales, and marketing teams. This will not change.
A couple of points on products. CSCO realizes that technology will continue to evolve but they also realize, given the number of markets they are in that they can not innovate in every area, or that every area will be a success. So, they are pumping huge sums of development dollars into converged networks which will bring data, voice, video, etc.. over a single broadband pipe to your home or business. Other innovations (such as those that are brought up by his Jach-ness) are such that CSCO can either buy their way in through acquistion or create this technology in-house quickly enough so as to have little impact on the bottom line. Gig and Terrabit speeds are coming fast, but CSCO will be there...even if they are a little late it will mean very little to the companies earnings and revenue generation. CSCO sells solutions - not technology. This is why CSCO is where they are and why the also-rans are where they are. As companies like FORE, XYLN, CS, etc... continue to try to build technology to become a real player they miss the crucial point....technology alone won't make it happen. LU get's it...NT get's it.... Even ASND is getting now although Mory is still a weak link IMO... CSCO's way of doing business works...plain and simple and because of this, I'm with Eric, they will definitely break 150 next year.
Finally, I agree that every thread needs views that present contrary opinions. We know Jach-off's opinion. We've known it for months. It's old and tired. He first came in here and said that we should all sell out CISCO and purchase other networking stocks. He gave no basis...just opinions. He still posts those same opinions. He says new technology will knock off CISCO...we know...we've heard....but he feels the need to come in every week and say the same thing. It's very tiring. If he would present knew information or new supporting evidence of his position other than telling us about how his supposed trades helped him earn a better a return than holding CSCO this year then perhaps he'd get a better reception. But that's not going to happen. We all tried, he doesn't listen which gives me the feeling that he is actually a junior high school student. Aaaaanyway...
OG...going back into ignore mode. |
