Word: cisco
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Dates: during 2000-2000
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...lower interest rates. But for now, rates are steady, and the bears are in control. Long-term investors may want to start building positions. Don't be surprised, though, if tech bellwethers sink more before a sustained recovery. That's especially true of those with rich valuations like Cisco and fiber-optics darlings Corning and JDS Uniphase...
...Private industry has put a lot of money into research for next generation equipment," says Pepe Garcia, from the Routing Systems division of industry leader Cisco Inc. "With next generation routers, routing protocols, and more and more memory, I do not believe the Internet will be in crisis...
...thinks that Cisco can do it and I don't think they can," Bradner says of Garcia. "I question that Cisco and Nortel and the rest of them can produce the next generation routing protocols. I think there needs to be government assistance....I would love to be proved wrong...
However, Harvard has begun to purchase equipment from Cisco Systems to roll out VOIP to selected users on a trial basis...
...Suddenly everybody's a tech-stock bargain hunter as investors decided Tuesday they'd had enough of the blues and bought the NASDAQ up 177 points by the close. Cisco cleared its personal floor of $50 again, Oracle hit $34, and dot-commers Expedia and eToys got a few bonus points for losing less money than everybody expected. Is this the floor of floors...