Cisco (CSCO) shareholders hoping John Chambers will go are out of luck, a former exec tells BI....

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choosh Comments (199)
 
That's how kings of old stayed in power and there is no reason why it shouldn't work just as well today, it's not like the shareholders could vote on it. The only effective vote a shareholder has is to sell.
14 May 2012, 04:41 PM Reply Like

grichardwilson Comments (3)
 
You are correct Choosh and sell I did about 2 years ago. The stock has unfortunately traded lower and lower since.
14 May 2012, 10:18 PM Reply Like

sreimer77 Comments (193)
 
Let's see, they have bought back 3.5 billion shares. Shares outstanding are down 10% just over last 3 years. They have another 7 billion allocated for share re-purchase and have a market cap below 90 billion. So subtract another half billion shares or 7 billion and outstanding shares will have a market cap of 83 billion. Another 48 billion in cash, quarterly free cash flows of 3 billion. In 3 years Cisco will only be able to do a non-leveraged buy out and take themselves private. That's all. Single digit P /E 's and a dividend well above a 5 year treasury in the mean time.
15 May 2012, 09:20 AM Reply Like