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


To: RetiredNow who wrote (12236)2/4/1998 7:59:00 PM
From: JRH  Respond to of 77400
 
BTW, Cisco is an $7.3 billion company if your looking at revenues, not $65 billion.
But it will be a $15 billion company by 2000.


I think that Craig was referring to the market cap, not revenue.

JRH



To: RetiredNow who wrote (12236)2/4/1998 8:00:00 PM
From: craig crawford  Read Replies (2) | Respond to of 77400
 
<< BTW, Cisco is an $7.3 billion company if your looking at revenues, not $65 billion. But it will be a $15 billion company by 2000. >>

Realllly. Thanks for clearing that up for me. Let's say you and your friends scraped up $7.3 billion and decided to buy out Cisco. I've got news for you mindmeld, your only going to get about 11% of the company. The company is valued in the marketplace at $65 billion right now. Therefore it is a $65 billion dollar company. Plain and simple.

<< But it will be a $15 billion company by 2000. >>

Could be, that would put C$CO at $15 a share. Naw, even I'm not that bearish...

BTW, if you can wait 3 years for C$CO to double it's sales, can you wait for 3 years for C$CO to double it's stock price? I don't think so, bulls these days expect their stocks to double every 12-18 months. Anything less would be blasphemous.