After having mentioned the risk in my last post, the confirmation this morning that CISCO feels the pinch from NSA-spying. Now, at least, I know why the stock looks so cheap. The link is here:

http://www.zerohedge.com/news/2014-05-18/cisco-ceo-warns-obama-rein-nsa-or-face-collapse-trust-us-technology-and-cisco-sales

How big is the risk? I do not have the faintest idea. The bet seems to be uncorellated, though.