Matt Diehl Thursday December 8, 2011
Business Overview High-performance networking company Sells products and services that provide network infrastructure Routing and switching products Protect the network, enhance bandwidth, and speeds up applications
Fundamentals
SWOT (Strengths) Gained market share largely at the expense of Cisco One of the few financially healthy telecom vendors Strong growth and new technology over the next few years
SWOT (Threats) Competition with Cisco Asian vendors Alcatel-Lucent (ALU), Huawei Riverbed Technology (RVBD)
SWOT (Weaknesses) Weak carrier demand Macroeconomic issues If new products don’t sell
Fair Value Current Price: $ Week Range: $16.67-$45.01 Fair Value: $30.00 Consider Buy: $21.00 Consider Sell: $ star Morningstar rating
YTD Chart
Checklist
Recommendation Buy 100 shares Take advantage of beat down of price Price under the fair value and at the buying recommendation