Cisco, Extreme, Redback Among Readerman's Picks, Barron's Says
12/23/00 12:37:00 PM
Source: Bloomberg News
URL: cnetinvestor.com
New York, Dec. 23 (Bloomberg) -- Cisco Systems Inc., EMC Corp., Extreme Networks Inc. and Redback Networks Inc. are some of the ''post-PC-centric'' picks of David Readerman, director of Internet strategy for Thomas Weisel Partners, Barron's reported.
Cisco, the biggest computer-networking company, and EMC, the No. 1 maker of corporate computer data-storage systems, will benefit as the personal computer is transformed from ''center of the universe'' to a device on a network, Readerman told Barron's.
Extreme, Redback and Juniper Networks Inc., which make networking equipment, are ''strong buys,'' Readerman said, according to Barron's. He also likes JDS Uniphase Corp. and Sycamore Networks Inc.
Readerman's favored software stocks are webMethods Inc., Blue Martini Software Inc. and Informatica Corp., Barron's said. (Barron's 12/25 25) For the Barron's Web site, see {BARR }.
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