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To: The Phoenix who wrote (22087)5/5/2000 1:50:00 PM
From: sea_biscuit  Read Replies (1) | Respond to of 25814
 
What about businesses and what they earn each year. They are separate entities - are they not?

Yes, they are. But if you look at the companies with the highest sales today -- GM, F, GE... they are all primarily selling to the average Joe. I don't think that you can achieve such high sales figures merely by targeting businesses.

A figure of $200 billion in 10 years is 10 times what Microsoft does today, and about 7 times that of Intel and 5 times that of HP. And all of those companies sell a lot of stuff to the average consumer.



To: The Phoenix who wrote (22087)5/6/2000 3:16:00 AM
From: James1000  Read Replies (3) | Respond to of 25814
 
RE: What about businesses?
You would think he would want to use the business spending figures to size up Cisco's predicted wealth, since its businesses who buy Cisco stuff. However, just remember that in the US we spend everything we get, and businesses spend what they get from us almost right away, so we would be looking at the same result either way.

If you want the real bottom line on Cisco, you just have to look at the end result of their business. The end result is, everyone in the United States will, well before we are dead, have a high-bandwidth multimedia internet connection in our household, just like we have every popular technology. We will use a single data-line for our telephone, internet connection, and TV/DSS/Cable connection. If you think that is too far-fetched, then don't buy CSCO. If not, then you may want to go the Cisco router.

So yes, I do think Cisco has a chance of going to number one on the Fortune 500.