Tuesday, May 05, 2015

Cisco’s Horseman Rides Off–Sort Of - Digits - WSJ

From a Cisco-in-transition snapshot; also see John Chambers Steps Aside at Cisco as Generational Shift Arrives (NYT)
"It may be hard for many of young Street denizens to believe, but once upon a time, Cisco was the tech giant, and Apple – sporting a market cap around $20 billion – was the chopped liver. Cisco’s market cap crested at $555.4 billion in March 2000, when it passed Microsoft’s market cap of $541 billion to become the most valuable company in the world. Two years earlier, Microsoft had vaulted over General Electric to take the title. Cisco was the very image of the dot-com boom. Then the boom went boom. The mania blew up."
Cisco’s Horseman Rides Off–Sort Of - Digits - WSJ
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