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Expect Cisco (CSCO) to deliver a solid FQ3 report on Wednesday, says Sterne Agee's Shaw Wu after...

Expect Cisco (CSCO) to deliver a solid FQ3 report on Wednesday, says Sterne Agee's Shaw Wu after conducting supply chain checks. Wu, long bullish on Cisco, only expects in-line guidance, but continues to view Cisco as a major turnaround story, and thinks it trades at less than 7x 2012 EPS after backing out $6/share in net cash.
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