On March 26th, I posted on the continuing woes of Cisco (CSCO).
Today, they announce that there will be major overhauls at the company, including a rumored divestiture of its consumer business (Linksys). http://www.cnbc.com/id/42462858
I'm fairly skeptical at this point. Cisco has not been able to string together two good years in the last decade. That's not to say you can't make money on it from time to time. Just because a company has no long term growth trend doesn't mean that there isn't any profit potential for traders. Just be wary of a long-term holding. Given its current price, it's possible that there may be the third Cisco renaissance in a decade, but I'm still not sold on the long-term. If there was a complete management overhaul, maybe I would feel better.