March 21, 1999. Cisco Systems (CSCO) is one of the best technology companies in the world today.
They haven't disappointed their shareholders and doubt if they ever will for a long time to come.
Let's look at some of the fundamentals:
Sales (last 12 months):
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Cisco
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$ 9,988.8 Mil
|
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Industry
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$ 1,056.1 Mil
|
| |
|
Income (last 12 months):
|
Cisco
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$ 1,362.3 Mil
|
|
Industry
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$ 56.2 Mil
|
| |
|
Debt/Equity Ratio:
Cisco Price Target
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July 1999
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$ 178 - $ 194
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July 2000
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$ 221 - $ 245
|
| |
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As you can see from the fundamentals, Cisco is the leading supplier of products that link LANs
and WANs. They control two-thirds of the market for routers and is a major maker of LAN switches.
Other products include dial up access servers and network management software. Cisco is using
acquisitions to broaden its product line and is licensing products to widen the influence of its Cisco Internetwork
Operating System software in hopes of making it an industry standard. My personal belief is Cisco Systems is a
buy, for short term and long term.
George
