"At some point I would love to buy them because they are one of the best run companies in the world but even the best can do so much when the sales are drying up." --------------------------------------------------------------
punkle...
CSCO is on my buy list also, once things eventually begin to get better. But that is only if Chambers is gone, because I do not want to own a company that cooks the books quarter after quarter, year after year. I think it is a great company with great products, but how can I be confident in that when I know the books are full of accounting tricks and gimmicks??
I will look at owning CSCO once its books are clean and Chambers is gone - until then, it is a candidate for a blow up and accounting scandal.