What’s left to like in Cisco? How about this: Strategist

What's left to like in Cisco? How about this: Strategist

Shares of Cisco are down 12% Thursday after a disappointing earnings report from the tech giant. That makes it the worst day for the stock since February 2011 and the third-worst single day performance in the last ten years.

Don't worry too much for CEO John Chambers, though. Back in September, regulatory filings showed he nearly doubled his pay to $21 million. Even with the drop on Thursday, Cisco's stock is up nearly 20% in the last twelve months.

So, is Cisco now a bargain at these prices or is there more downside ahead?

On CNBC's Street Signs' Talking Numbers segment, the stock is analyzed from the fundamentals and the technicals. On the fundamentals is Marc Lichtenfeld, Chief Income Strategist for The Oxford Club, gives the fundamental reasons why he thinks Cisco is a buy. Talking Numbers contributor Richard Ross, Global Technical Strategist at Auerbach Grayson, says the charts are a screaming sell and refers to the company as a "financial zombie".

Who is correct? Watch the video above to see the rest of the analyses by Lichtenfeld and Ross on where they see Cisco headed.

More from Talking Numbers:

David Rosenberg: Here's why I'm bullish on the US economy
Why Twitter is overvalued: Portfolio manager
Interest rates are headed up; here's how to invest: Strategist

Follow us on Twitter: @CNBCNumbers
Like us on Facebook: facebook.com/CNBCNumbers