Cisco Systems
About Cisco:
Cisco Systems Incorporated is the worldwide leader in computer networking and communications devices, consistently capturing over two-thirds of this multi-billion dollar market. They currently sell over 150 various networking products and are the only company to provide end-to-end business solutions including: network software, design, installation, technical support, maintenance and management. Spurred by the expansion of the Internet, Cisco reached a $500 billion dollar market capitalization quicker than any other U.S. company and is the …
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…the next ten years, the market value mirrored Cisco’s incredible growth, climaxing in March of 2000 at the price of $77 per share. At this time Cisco surpassed Microsoft as the most valuable company in the world with $531 billion in market capitalization and over $30 million in annual revenues. However, the market is down severely over the past year and high tech companies are crushed. Cisco is now trading below $20, erasing over three years of market gains.
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