Should the fact that neither Microsoft nor Cisco is growing at the rate of Amazon (AMZN) and Apple continue to force the market to look at them differently? Are they now in a separate class of techs or are they considered techs at all? I wonder what will it take for all of this to change?
It seems that both companies have arrived at mature statuses and to keep their "growth" status will need to find new markets beyond their core competencies. Cisco tried this with the Flip camera, Linksys router and to some extent its acquisition of Scientific Atlanta and failed.
Nonetheless, both have loads of cash and are one acquisition away from generating some real excitement. Microsoft will soon unveil its Surface tablet and has recently acquired Yammer on the heels of its Skype acquisition one year ago.
So it is not out of the question that growth just might be right around the corner. Whatever the case, it's getting progressively difficult to stay optimistic on both names even though I think the shares are trading at attractive levels.Perhaps Wall Street is right and I'm the one being stubborn. Follow @rsaintvilus At the time of publication, the author held no position in any of the stocks mentioned. This article is commentary by an independent contributor, separate from TheStreet's regular news coverage.
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