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Solid Quarter for Cisco

Cisco has reported its fourth quarter earnings and it is good news all the way. Profit increased by 25% which also meant that they raised their forecast for 2008. That is an investor’s delight.

And I don’t know see their momentum decreasing anytime soon. Their data network business is booming and they are achieving phenomenol gains in the Unified Communication space. They seemed to be romping over the likes of Avaya and Juniper in this space and they just seem to be getting better with their key acquisitions and partnerships.

Good times for Cisco employees and share holders :)