Yet per your rant today in Seeking Alpha (does Alpha refer to negative returns?), Cisco’s Fear of a Broadcom Planet, you still seem to feel that there is opportunity for what you call a “dominant” player to chip ;-) away at Cisco. I agree with your assessment as to one reason why Cisco spins its own silicon, that being protection from the not so scrupulous Huawei. But did you ever stop to think that Cisco can control speed to market and quality for competitive advantage? Certainly margin, as you mention too, plays in.

Either way, you could use some adjusted thinking, the fundamentals are so strong for Cisco right now, I would say you should go find someone else’s ankles to nip at.