Word: 3com
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Dates: during 2000-2009
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...price to a developer, you'd sell or hock everything you own to buy it. Right? Well, that's the way investors around the globe are behaving with NASDAQ stocks. A massive liquidation of nontech assets is under way as people reach for the means to buy more Cisco, 3com and Apple. It's an incredible display of pack investing that begs the question, Is NASDAQ bulletproof...
Last summer I made an opposite pilgrimage, to the "Tell It Goodbye" celebration at 3COM (ne Candlestick) Park in San Francisco. The folks who brought sushi to the ballpark spent a year praising the faults of their park. They spoke lovingly of the winds that could turn a pop fly into a home run and a homer into a grounder, the need for wool blankets in the stands, the same sort of all-purpose sins of design that stain ballparks in San Diego, Cincinnati, Pittsburgh and beyond...
...month, $300 billion in market capitalization, leaving it the third largest company in the world behind General Electric and Microsoft. Cisco has built dominant market share in a crucial high-technology industry--controlling 50% of the $21 billion business-network market, where it has obliterated once formidable rivals like 3Com, Cabletron and Bay Networks. "We definitely are in the sweet spot," says Chambers of Cisco's prospects. "The whole network business has become a home game for Cisco." Think of it this way: in a wired world where we are just learning to walk, Cisco has become the biggest, best...