Investopedia: Will A New Philosophy Toward Capital Unlock Cisco's Value?
I've said it before, and I'll start off this article on Cisco (Nasdaq:CSCO)
by saying it again - investors don't reward value-priced tech companies
that are rich in cash flow generation but poor in revenue growth. It's
still an open question as to just how much top-line
growth potential Cisco still has, but management seems to have
acknowledged that hoarding cash on the balance sheet isn't going to do
shareholders much good. I'm still skeptical about how readily investors
will embrace Cisco, but I do still see a lot of value in the shares.