CPT 3.57% 2.7¢ cipherpoint limited

Cisco Strategy

  1. 102 Posts.
    CISCO is going to be very big on cybersecurity from now on as per reports. Here is a recap for those who missed. They are also my reasons for holding this stock.

    1] Cybersecurity business to increase to 170 Billion dollars by 2020.

    2] Each year businesses are losing 400 Billion dollars due to cyberattacks as per Lloyds of London. Target recently payed 250 million dollars to clean the mess of cyberattack on their payment system.

    3] CISCO has identified cybersecurity market to grow exponentially and so they have announced that they are putting this as top priority.

    4] CISCO has said that it has enough money to pay for sky high market evaluations of cybersecurity firms.

    5] As per last announcement CVT is going to release broad announcement late august so any time soon.

    6] Cybersecurity is one of the hottest segments in US markets right now.

    7] CISCO performed better than expected last quarter and new CEO Cramer is frankly saying to reporters that cybersecurity is the top most thing for CISCO right now. CISCOs net earning last year was over 50 Billion US$ also
    their market cap is around 140 Billion US$. When CVT has 10 year deal with them it only makes sense to buy and hold.

    Now I am going to hold my shares tight. No matter what. Good luck to all.
 
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Last
2.7¢
Change
-0.001(3.57%)
Mkt cap ! $6.224M
Open High Low Value Volume
2.8¢ 2.8¢ 2.7¢ $3.405K 122.4K

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