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Yacktman Funds Comments on Cisco Systems

March 12, 2014 | About:

Cisco Systems Inc. shares fell after the company reported disappointing results and issued poor forward guidance, largely due to weakness in emerging markets. We think the shares continue to represent extremely good value given the strong balance sheet and earnings power of the business.

From Yacktman Funds' 2013 Annual Report - Portfolio Manager's Comments

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