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


To: Bob Kimball who wrote (10417)11/12/1997 7:43:00 PM
From: Jeff Mills  Read Replies (4) | Respond to of 77400
 
It is my opinion that Cisco should be using this time in the market to be BUYING anyone/anything that can secure their long term position/dominance in networking.

They are sitting on $54 Billion of currency in their own stock right now. Some could argue that CSCO and MSFT have held their ground the best in recent weeks.

Right now 3Com, US Robotics, Ascend, and Cascade are valued under $15 Billion COMBINED.

I know Cisco may not fit well with those particular companies, but RIGHT NOW is the time for Cisco to be aggressively buying other corporations IMO.