A cyclic sum
S(x) = Σxi∕(xi+1+ xi+2) is formed with the N components of a vector x, where
xN+1= x1, xN+2= x2, and where all denominators are positive and all numerators
nonnegative. It is known that the inequality S(x) ≧ N∕2 does not hold for
even N ≧ 14; this result is derived in a uniform manner by considering a
related algebraic eigenvalue problem. Numerical evidence is presented for
the conjecture that this cyclic inequality is true for even N ≦ 12 and odd
N ≦ 23.