Why Cisco Is a Buy
Cisco Systems (CSCO) shareholders can't be happy these days. Back in November, 2007, the company warned that spending on its networking gear was slowing down and could hurt growth for this market. On Feb. 6, Cisco indicated the situation hadn't improved (BusinessWeek.com, 2/7/08), and lowered its sales outlook for the current quarter ending in April. In turn, the stock has dropped 14% this year, to $23.20.
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