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

To: rkral who wrote (71192)	10/4/2006 4:39:33 PM
From: Kirk ©	Read Replies (2) \| Respond to of 77400

Thanks for that great data. Employee Employees Fiscal Total Overseas Year (approx.) (approx.) 2000 34,000 9,000 2006 49,926 19,600 15,926 employees added with 10,600 overseas. Total employee growth in 6 yrs is 6.61% compound annual growth. I said "Chambers was bullish on Cisco saying it would grow at 20% per year for as far as he could see in 1999/2000..." So your data shows I was right that he was overly optimistic at the worst time possible and true growth fell way short of expectations (assuming constant revenue dollar per employee where they were a leader back in 2000) I stand by my statement that he is "always bullish" and I'd even bet he was the most conservative at the bottom because that is why bottoms form... and he probably learned his lesson about predicting 20% growth for a fairly large company...