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Cisco (CSCO +0.1%) is barely changed heading into today's FQ2 report. Shares are up 25% since a...

Cisco (CSCO +0.1%) is barely changed heading into today's FQ2 report. Shares are up 25% since a market-pleasing FQ1 beat was delivered and near their 52-week high, but still only trade at ~7.5x FY13E EPS exc. net cash. Street sentiment is split between those worried about higher expectations and soft IT spending, and those optimistic about margin improvements, rising software sales and the performance of faster-growing hardware segments, such as UCS servers.
Comments (1)
  • ebeuu
    , contributor
    Comments (347) | Send Message
     
    re-entered CSCO; first time this decade; Will trust Chambers this quarter.
    13 Feb 2013, 05:36 PM Reply Like
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