mobile commerce

Article Index

With Internet Traffic Set to Zoom, Here's the Stock You Need to Buy Now


Back on May 9, Internet bellwether Cisco Systems Inc. (Nasdaq: CSCO) warned investors of a weaker-than-expected outlook for the current quarter - thanks to what CEO John Chambers described as a "cautious" spending environment for networking gear.

Cisco's shares were trashed - as were many other tech-sector stocks.

So I was more than a little surprised when Cisco later announced that a new company study says that Web traffic will quadruple in the next four years.

That's one hell of an about-face. But if it's true, it also represents one hell of a profit opportunity.

To sort this out - and get the real story for you - I went directly to our new tech-sector expert: Radical Technology Profits Editor Michael A. Robinson.

The bottom line is that Michael says Cisco's traffic estimate is accurate in terms of its magnitude. He's a bit less sanguine about its target date, however.

"You know Bill, there's an old investing adage that says to never have a date and a number in the same statement," Michael quipped. "Like so many futurists, Cisco is guilty of making an all-too-definitive statement. I have no doubt that the company is correct in the broadest sense in terms of the traffic increase it sees. We'll see about the timing."

To continue reading, please click here...