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OT - CSCO
OT - CSCO - read an extremely down-beat story about how CSCO's
main business - routers/switches/hardware is in bad competitive
shap, so they just bought a software firm for $3.7 bln, to shore up
other parts of their business, apparently to help replace revs from
the hardware side. I have for some time been thinking about take a
stake, given the nice dividend. Did not know they were struggling
with their main business. Couldn't tell that from their stock price
- has jumped over $30 and not far from 52 week highs. Up .15
cents today. OTOH, NOK has been pretty consistenly red recently,
even on days like today when the market is flying. Yup, it's the
long-term view that counts, but I haven't found any solid story to
pin the recently activity on.
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Jamok,
NOK is stuck in the 4s, seems the market will not let it move
higher until its management shows it the money. With good
reason I might add, it has been three straight quarters of very
poor results. Management has not gotten a handle of their own
market as far as guidance is concerned, hence the terrible
sentiment towards the company.
I would expect it will be until the third quarter when profits
have had a mild inflection point. And I would also expect
that quarter to start showing sequential revenue increases.
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Author:
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LongTerm
CapGains
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Subject:
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Off Topic
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Sentiment:
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Neutral
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Date:
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01/27/17 at 7:20 AM CST
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