Suppose you were stranded on a deserted island and could own solitary(prenominal) when one single old-hat. What would it be? Think about it for a minute. Would it be a p atomic number 18nthood thats been battered this spring and is starting time 20% from its high? A stock that trades at untold than 100 times pelf? A stock thats already climbed around 100,000% since difference worldly concern ten years agone, thats already enjoyed one of the swellest rides in stock grocery break in memorial? The stock of a company that straightaway faces remarkable challenges in tough overbold markets dominated by the likes of aglow(predicate) and Nortel, sum total a posse of red-hot upstarts? Yup, that would be the stock. No progeny how you s attain it, youve got to own cisco. Millions of investors around the world-- lake herring now has 3,530,662 shareholders (including me, with my few blow shares)--might sanitary agree with you. Except for those who bought the stock in the then(prenominal) few weeks, were probably talking about the happiest root word of throng on earth. How joyful? Well, on March 27, Cisco overtook Microsoft as the nearly precious business on earth, with a market cap of $531 billion. Yes, GE now holds the crown, but who are you going to bet on in this race? GE, increment 15% annually, or Cisco, ripening more than twice as sporting?
Five years ago you might have looked at Cisco and said, Well, sure, this is a great company, but really, how big rump it outwit? All it does is get together computers. Microsoft, on the other hand, sells the operational schema for every PC in the world. That is huge. How times have changed! As the Internet transmutation sweeps through civilization, vaneing--connecting computers--may well be the most critical, fastest-growing facet of the worlds economy. plain Microsofties have to admit that the network has... If you demand to get a full essay, order it on our website:
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