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Technology Stocks : Wind River going up, up, up!
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To: Allen Benn who wrote (7749)5/10/2000 11:22:00 AM
From: bythepark  Read Replies (2) of 10309
 
According to CSCO's latest report, WIND-powered Cerent
business is approaching a $ billion run rate.
Allen - Does that statement appear credible to you, and - if true -
one kind of business should this be generating for WIND ?

--alan

Here's the way the MF is looking at it:

> Worth mentioning here, however, is the success Cisco's
> having in the fast-growing optical networking space. The
> company entered the market last August when it purchased
> start-up Cerent and Monterey networks for $7.4 billion in stock.
> Cerent had booked a little more than $10 million in sales at
> that point.
<snip>
> In last night's conference call, Cisco officials said Cerent is
> now the cornerstone of its optical networking business for two
> reasons: great products and a great sales force. Cisco's
> optical business is approaching a $1 billion annual run rate --
> that's up from nothing -- zero -- nine months ago, and the
> company now has 300 optical customers. Not a bad three
> quarters, I'd say
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