Cisco announced it's new wireless router for home use. It appears 25% of all wireless routers are returned because they are too complext to configure. Cisco purchased Mino, the maker of the Flip handheld video camera. Why, as I wondered,? It appears they cracked the code on developing a simple to use yet functional prdouct that consumers like and more importantly buy, I see them everywhere and watch the video they make, simple to use, edit and display. When they bought Mino they told the group to produce the Flip of wireless routers. Apparently they did, the Cisco Valet--http://news.cnet.com/8301-17938_105-20002168-1.html
The company belief in the product is in the fact they are going to spend in the next 3-months more than the industy has spent in 5-years marketing this product.
Cisco has been doing extremely well, recovering and trending higher. The 2011 25 LEAPS look well priced for where Cisco may be by the end of the year and for .50 more you can pick up the 2012 30 LEAPS. I can see Cisco at 30 this year, easy if the Valet is well received so I am looking at the 12 LEAPS.
I currently own cisco and having been buying over the last year.
Happy Trading...
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