Jach,
let's make a couple of things clear. First:
charts.techstocks.com
Second, you say FORE is a leader in ATM.
FORE's annual Revenue $528M
CSCO's annual Revenue $8.5B
FORE's Market CAP: $1.6B
CSCO's Market CAP: $90B ish
FORE's ROE: -30%
CSCO's ROE: 25%
FORE's ROI: -26%
CSCO's ROI: 19+%
% of outstanding FORE shares short: 3.7%
% of outstanding CSCO shares short: 1.7%
FORE Net Profit Margin: 8%
CSCO Net Profit Margin: 16%
Look at these numbers!.. these companies are in completely different legues. To mention them in the same breath is a dis-service to CSCO and gives FORE more credence than it deserves.
Cisco's quarterly revenue is 4 times greater than an entire year of FORE's. Given Cisco's quarterly revenue it's more than likely that they do more ATM business in one quarter than FORE does all year long. You're lost in technology Jach...even if half of what you say is accurate...the truth is FORE is FOREgotten. They are not even in the same legue as CSCO, never will be. Even the guys at LU, ASND, COMS, MSFT, GTE, FON, T, etc. etc.. all know that. (I should point out that Siemens uses CSCO backbone ATM switches..FORE is being used as a campus device.) Seems to me the only guy that hasn't figured this out yet is you.
Jach, you toss out technology pointers - technology that companies like CSCO, ASND, and NN have had in their products for months if not years. So, OK...you work for FORE, we understand your coporate spirit, but don't be blinded. FORE is nothing but an also-ran. They'll get bought and they'll be even be more FOREgotten than they already are...so FOREget it. Cisco is to FOREmidable and if FORE thinks they can make a go against CSCO and ASND on thier own they will soon be FOREclosing on you and your friend at FORE.
OG |
