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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?

To: RetiredNow who wrote (29839)12/1/1999 11:05:00 PM
From: Bindusagar Reddy  Read Replies (1) | Respond to of 77400
 
mindmeld, I agree with you on that, but current Cisco valuation of 320 billions already reflects at least 40-50 billion Cisco sales in year 2003 and continue to maintain 64% gross margins. That is a tall order considering the Telecom indstry is 45-55% gross margin business. I expect LU to have 70-80 billion revenue by 2003 and maintain 50% gross margins. Cisco will take some share, but not #1-3, may be a 4.

BR


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