Every Monty Python fan has their own particular favorite bit, but certainly one of the best-known comes from "Monty Python and the Holy Grail" where John Young's character stubbornly proclaims to not be dead, despite the protestations and insistence of John Cleese's character. While this intro could apply to any number of once-great tech stocks, today's subject is Cisco (Nasdaq:CSCO). While Cisco has indeed made many missteps and missed some significant opportunities, this networking giant is most certainly not dead yet. (For more, see Earning Forecasts: A Primer.)
More Share than Many People Think
Not unlike Microsoft (Nasdaq:MSFT) in operating systems and consumer and business software, much is made of the share that Cisco is going to "inevitably" lose. That seems to fly in the face of the fact that Cisco presently enjoys high-60%'s share in switching, and more than 50% share in routing (with a considerably higher share in enterprise).
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