CCisco 10-K Summary for Short Attention Spans
Business Overview
Cisco is worldwide leader in networking for Internet. Internet changing the
way we work, live, play, learn, eat, sleep.
Whatever you need, we got. Routing; switching (bought Catalyst for LAN
and StrataCom for WAN, thankyouverymuch); access (servers, dial-up,
DSL, cable modems, whatever); SNA/LAN (legacy mainframe); Internet
services (firewalls, various other stuff); Cisco IOS Software (aka, "the
ultimate weapon," "the franchise"). To satisfy customers' needs, Cisco will
either: develop it in-house, partner with someone else, resell someone
else's product, or buy another company.
Risks and Uncertainties. Acquisitions are risky. Partnerships are risky.
Life is risky, especially in the Internet world. Cisco is moving into the telco
space. Way risky. Lucent, Nortel, Ericsson... all bi-i-ig!. Plus, there's
Y2K, the Euro, earthquakes, floods, God knows what else.
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yes, there is earthquake and seems like the chance of a big one in silicon valley (SV) is getting higher; if one has a bunch of SV stocks in majority that is really one thing to think about - |
