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Is Cisco suffering from the recession? Are they at risk of bankruptcy?
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No, they're not at risk of bankruptcy.
Like almost every other tech company, they're making deep cuts and "restructuring" to stay competitive.
Cisco has been one of the fastest growing companies for the past 10 years. It makes sense they make a few course corrections right now to stay competitive.
It's possible that with the layoffs, stock prices, etc could put Cisco in a position to be acquired, but I don't know what company would have the resources or interest to complete the purchase. It would not surprise me if Cisco is positioning for the acquisition of another company (or two, or three). Juniper maybe?
The bottom line is that Cisco (and other fundamental networking companies) are very well positioned right now. Smart investors know that bandwidth is the new oil and making smart buys today could really pay off. CSCO is in a 52 week low right now... I bet that'll change very quickly.
Like almost every other tech company, they're making deep cuts and "restructuring" to stay competitive.
Cisco has been one of the fastest growing companies for the past 10 years. It makes sense they make a few course corrections right now to stay competitive.
It's possible that with the layoffs, stock prices, etc could put Cisco in a position to be acquired, but I don't know what company would have the resources or interest to complete the purchase. It would not surprise me if Cisco is positioning for the acquisition of another company (or two, or three). Juniper maybe?
The bottom line is that Cisco (and other fundamental networking companies) are very well positioned right now. Smart investors know that bandwidth is the new oil and making smart buys today could really pay off. CSCO is in a 52 week low right now... I bet that'll change very quickly.
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Perfect, Thanks so much!
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