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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Spekulatius who wrote (40009)	11/11/2010 10:32:09 AM
From: Grantcw	Read Replies (1) \| Respond to of 78673

I added to CSCO also this morning. I'm very happy to have my CSCO, MSFT, and INTC positions for long-term plays. I love the fact that CSCO has $40 Billion in Cash. Hopefully these quarterly earnings are just a blip. cwillyg

To: Spekulatius who wrote (40009)	11/11/2010 10:42:38 AM
From: Paul Senior	Respond to of 78673

CSCO. I'll continue to hold. With the stock now at $20.82, and with my last add @ $20.92 (on 9/7/'10), I believe I'll stick with the position size and overall cost basis I currently have.

To: Spekulatius who wrote (40009)	11/12/2010 9:19:23 AM
From: gcrispin	Read Replies (3) \| Respond to of 78673

CSCO is an interesting speculation as historically the company has outperformed the market and is strong financially. But I think, at best, it's a market performer and I'm not crazy about the valuation of the market. A couple of points. The downgrades haven't started. Yahoo lists thirty-five analysts rating CSCO as a buy or strong buy. Only three list the company as underperforming. I suspect that ratio will change. One of the reasons Chambers listed for the drop was orders from state governments. The continued budget problem by state governments won't change any time soon. "Everyone in the world will probably see government spending" fall, said Mr. Chambers in an interview, adding that "we were surprised how quickly it occurred." About the decline and softness in Europe, Mr. Chambers said: "I don't think those are specific to Cisco at all." Declining margins suggests increased competition. Decreased demand will increase price cutting for the remaining business. Hardware is a commodity and I think there will be more companies chasing a smaller piece of the pie.