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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?

To: johnd who wrote (38797)	2/29/2000 1:38:00 PM
From: johnd	Read Replies (1) \| Respond to of 74651

Cisco Systems May Go for a Third Leap: David Wilson (Correct) By David Wilson Cisco Systems May Go for a Third Leap: David Wilson (Correct) (Commentary. Corrects dollar amount just below ``Moving in Reverse' subheadline.) Princeton, New Jersey, Feb. 29 (Bloomberg) -- For Cisco Systems Inc., this year looks like the ultimate ``leap year.' The world's largest maker of computer-networking equipment leaped above $400 billion in stock-market value at the start of this month, just 10 weeks after exceeding $300 billion for the first time. Cisco, started just 15 years ago, then jumped past the 108- year-old General Electric Co. to become the world's second most- valuable company. Now it has an opportunity to make the biggest leap of all: surpassing Microsoft Corp., the world's largest software company, to become No. 1 in market value. Microsoft has held the top spot for less than 18 months. That would be quite an accomplishment. Cisco only has about two-thirds the annual sales of Microsoft and less than one-third the net income, based on their results for the latest 12 months. GE has more than seven times the revenue and earns almost four times as much.