Message Font: Serif | Sans-Serif
No. of Recommendations: 1
My pal Andrew Bond, who I've spoken to about Cisco (Nasdaq: CSCO) on numerous occasions, put out a great article on how the company is far from out of the woods.

Andrew's analysis is spot on -- I agree wholeheartedly. But I don't completely agree with his conclusion. He stops short of saying that Cisco is a value trap (though he hints at it), but definitely says there are better places for your money.

He may be right on that account too, but it has to be a positive that Chambers is stepping back and giving his behemoth of an organization a broad look-over and pruning some weeds. I'm still not ready to take the plunge on Cisco -- I first want to see expectations come down even more. After all, the core operations of the company's business are still hurting and Chambers & Co. have yet to address the root problem. The decision to can Flip (and the personal business segment) at least shows that they are open to making changes, which isn't something we could have said six weeks ago.

Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.