The Cisco Kid: All Grown Up and Fat and Stuff

The Cisco Kid ($CSCO) has hit puberty and the picture is not pretty.  Over the years, the company was always good for an earnings beat.  Not so much anymore, two awful reports in a row including last night’s…

Those who listened to the call were amazed at the rambling length of chairman John Chambers’s’s’s remarks.  And the company is still mumbling about a 1% dividend one day, maybe.  Sorry John.

The stock is giving up a whopping 12% right now and weighing down the entire Nasdaq/tech stock universe.  And if you think I’m being harsh, wait til you read what IBD’s Click blog has to say:

Cisco Has Become the Kmart of Network Gear makers (IBD Click)

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