Cisco Systems Overseas - April 2001
As a professional investor, an eye on overseas markets is essential. And
with the way the Nasdaq is dropping (has dropped) the best value is found
in sell offs (panics even).
Take Cisco Systems. CSCO listed in 1990. Since then this company grew it's
earnings of an astounding 75% compound annually. Adjusting for splits along
the way, your original share bought on listing of 6 cents, grew to $82 at
the top. [Earnings of US$19 billion Last year]
Cisco make much of the hardware used to build the net; routers being just
one item. So a review of the Nasdaq stocks over Easter would be timely. The
only frustration being of course our low dollar.
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