Evening thought on CSCO

Come on John Chambers. You can do better than just buy back shares to help push your earnings higher. That game is old and well known. This is cosmetic and no one cares about this action to drive earnings. Either invest in R&D or buy a company who earnings and revenues are accretive. Do not short Cisco here but also not worth buying. The stock is dead money and Chambers is the boy who tried wolf.