Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Ross Roberts who wrote (12322)	2/6/1998 7:54:00 PM
From: The Phoenix	Read Replies (3) \| Respond to of 77400

Interview Highlights: Interview focus was Cisco becoming the defacto standard in networking with a market cap higher than wellknown companies such as GM. Cisco owe's much of its success to excellent management with John Chambers at the helm. Cisco's focus on delivering networking solutions coupled with demand for such devices are expected to help Cisco generate revenue in the "tens of billions" annually... - these numbers were used numerous times. A segment by Eric Benamou (sp) 3Com's CEO spoke very favorably of Chambers stating that he is good for cisco and good for industry. Cisco's success will continue with John at the help in Eric's eyes. Cisco maintains their talent demonstrating this with a paltry 6% turnover in staff compared to 20% for the rest of the transient valley. Cico's ability to keep this talent (via option programs and other incetives) will likely help fuel continued success so long as Cisco can maintain their ability to service the growing installed base. This was the key challenge stated going forward. Also, John mentioned his healthy paranoia of the competition. Finally John stated that there will be 10 to 15 additional acquistions this year however he also mentioned that his budget for this was only $800M... so don't expect any blockbusters. He did however say he wished he had more $$$..that this wasn't enough for what he wanted to do. That's about it. It was a very positive, upbeat spin on the company which left you with the feeling that growth will continue so long as Cisco executes....which it's doing according to the piece. Anyone else? Did I miss something or mistate anything. Gary