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

To: Zoltan! who wrote (32919)	3/22/2000 3:31:00 PM
From: Bill	Read Replies (1) \| Respond to of 77400

Prospects looking pretty good to me. For both. Of course, LU is doing the predicted today.

To: Zoltan! who wrote (32919)	3/22/2000 8:42:00 PM
From: Nick	Read Replies (1) \| Respond to of 77400

Cisco Systems Passes $500 Billion in Market Value, a Silicon Valley First By Scott Lanman Cisco Passes $500 Bln in Market Value, First in Silicon Valley San Jose, California, March 22 (Bloomberg) -- Cisco Systems Inc., the No. 1 maker of computer-networking equipment, passed $500 billion in market value, becoming the first Silicon Valley company to reach the milestone. Shares of Cisco rose 3 33/64 to a record close of 144 3/8, giving the San Jose, California-based company a market value of $500.8 billion. It's second worldwide to Microsoft Corp.'s $537.4 billion. Cisco shares have climbed 35 percent this year and have almost tripled in the last 12 months. Cisco, whose routers and switches direct data traffic across most of the Internet and corporate computer networks, has gained on optimism that it will keep benefiting from surging demand for Internet services. The milestone comes after 15-year-old Cisco, whose profit and revenue have almost never disappointed investors, passed $300 billion on Nov. 23 and $400 billion on Feb. 1. So far, Cisco has fended off competition from North America's two largest phone-equipment makers, Lucent Technologies Inc. and Nortel Networks Corp., each of which bought one of Cisco's biggest rivals in the last two years. It's left smaller competitors like 3Com Corp. and Cabletron Systems Inc., which haven't been acquired, in the dust. Redmond, Washington-based Microsoft, the No. 1 software maker, rose 1/2 to 103 1/4. Its shares have fallen 12 percent this year. Two companies are close to Cisco in market value: General Electric Co., the 108-year-old provider of jet engines, financial services and television programs, and Intel Corp., the world's largest chipmaker. GE shares fell 9/16 to 150 7/8 on the New York Stock Exchange to give the company a market value of $497 billion, while Intel rose 5 5/8 to a record close of 144 1/16 for a market value of $481.3 billion. Cisco is splitting its stock 2-for-1 today. The company had 3.469 billion shares outstanding as of Feb. 25. N