Aug. 20 at 2:15 AM
$CSCO Still falling. Cisco was/is still slowly selling off/down since June and hedge funds divested in July. Mid August it fell -10% and still ever so slowly falling. Their is a lot wrong with this company, stiff competition, margin creep, PE to high, constant layoffs and turnover, they still use port based routing, digital certificates, acquisitions are like separate companies, growth gone, value falling, revenue and earnings flat. It's like an old boys club of networking, AND if/when the Chinese router tariff/ban is dropped watch out below. And yes, analysts will continue to lower their targets, one already lowered to 120
