Lee Eugene Munson

Cisco: Compelling at These Levels

CSCO has great balance sheet, but most of it is offshore and they have the PFE 'how do they get the cash back in the US without paying tax issue'. I think the rumors about merging with EMC or take your pick seems reasonable, but then you have a merger situation on your hands. This means years of 'synergy' and potential mistakes. Hope your long, long term. But, I admit the firm does know how to execute. Mixed bag. . .