Jon Quast

I'm sorry to all the Cisco shareholders out there.

I just want to be honest about that up front.

So I wanted to just move on from this.

However, given the question, I really took a honest, hard look at it.

And I think I need to agree with Matt here that there may be a case for owning Cisco stock here at this price.

Listen, it's still quite the value compared to some of its competitors in the space.

Growth is accelerating.

We look at the...

next quarter's projections, projecting 19% growth up from what was it, 12 to 13 this quarter.

So that's an acceleration.

That's a good thing.

Operating margin recently went from 23% to 25%.

That's a good thing.

And you look at what Cisco's products it provides, it does seem like they are starting to take some market share here.

And if that continues, I don't think this is a terrible stock today.

I think that I would still prefer Arista Networks.

So that's A-N-E-T for its debt-free balance sheet.

I like nice, clean balance sheets, especially in the face of uncertainty.

Cisco's isn't as clean as that.

But I don't think it's crazy to own Cisco stock here.