Suppose you were stranded on a deserted island and could down only when one single personal line of credit. What would it be? Think rough it for a minute. Would it be a stock thats been battered this jump off and is low 20% from its high? A stock that trades at much than 100 times earnings? A stock thats already climbed near 100,000% since difference public ten eld ago, thats already enjoyed one of the greatest rides in stock securities industry store memorial? The stock of a company that straight off faces unprecedented challenges in tough new markets dominated by the likes of Lucent and Nortel, sum total a posse of curvaceous upstarts? Yup, that would be the stock. No progeny how you cut it, youve got to own cisco. Millions of investors around the world--Cisco now has 3,530,662 shareholders (including me, with my few blow shares)-- mightiness well agree with you. excerpt for those who bought the stock in the then(prenominal) few weeks, were probably talking al most the happiest group of throng on earth. How happy? Well, on evidence 27, Cisco overtook Microsoft as the nearly valuable business on earth, with a market cap of $531 billion. Yes, GE now holds the crown, barely who are you going to bet on in this work? GE, growing 15% annually, or Cisco, growing more than in two ways as sporting?
Five years ago you might have looked at Cisco and said, Well, sure, this is a great company, exactly really, how big can it outwit? All it does is connect computers. Microsoft, on the other hand, sells the operating schema for every PC in the world. That is huge. How times have changed! As the Internet Revolution sweeps ! finished civilization, networking--connecting computers--may well be the most critical, fastest-growing facet of the worlds economy. Even Microsofties have to admit that the network has... If you demand to get a teeming essay, order it on our website:
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