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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 79.52+0.8%3:59 PM EST

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To: Joseph G. who wrote (18092)10/10/1998 10:37:00 PM
From: RetiredNow  Read Replies (1) of 77400
 
Joseph,

what if I told you that Cisco's revenues would be at or around $20 billion by the end of FY '01 from the $8 billion today. What if I told you there is $350 billion of antiquated telephone equipment that needs to be replaced by new world data gear? What if I told you that the market for data gear is expected to grow to $650 billion within 3 years? If Cisco loses the competition with Lucent et al, they still will grow revenues to $25 billion in the next 3-4 years.

Would any of that change your mind? Would Cisco still only be worth $32 to you?
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