Word: cisco
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Dates: during 2000-2009
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...That something may be a big company?s bullish Q4 outlook; it may be something as small like Cisco?s announcement Tuesday that it was finally whittling down its piles of unsold inventory. You never know how mass delusions get started. More likely it?s going to have to be a general feeling that the economy (and the tech sector) has located the courage to start making new and exciting things again. Particularly the kinds of business-investment purchases that make higher productivity - more stuff at less cost - possible...
...news. Everyone knows about the glut of cell phones, PCs, chips and fiber-optic line gathering dust. Earnings stink across the board, and stock-market gurus predict we're headed for a demoralizing test of the April lows. In short, gloom is as plentiful as the routers and switches Cisco can't sell. So a lot of investors are hedging their allegiance to technology--and rightfully so. If you want easy odds, take the Lakers to threepeat. Investing in tech has never been a lay-up, save for a few aberrational years...
...River Telephone Authority into a satellite-TV, cell-phone and Internet-service provider - and then spun off a new data-processing corporation called Lakota Technologies Inc. LTI employs 20 people, but Bourland dreams of 1,000 workers scattered across the 2.8-million-acre reservation. To train them, Bourland persuaded Cisco Systems to open one of its networking academies on the reservation. Students at Cheyenne Eagle Butte High School now learn to design, build and maintain computer networks...
...River Telephone Authority into a satellite-TV, cell-phone and Internet-service provider--and then spun off a new data-processing corporation called Lakota Technologies Inc. LTI employs 20 people, but Bourland dreams of 1,000 workers scattered across the 2.8-million-acre reservation. To train them, Bourland persuaded Cisco Systems to open one of its networking academies on the reservation. Students at Cheyenne Eagle Butte High School now learn to design, build and maintain computer networks...
...inventory of former dotcoms accounts for only 20% of Overstock's sales. It's also profiting from other ailing sectors of the tech world. Remember that $50,000 Cisco server that brought $2,500 on eBay? One just like it went on sale for $6,900 at Overstock.com having cost the site $3,500. Total sales on the site leaped from $4 million in November 2000 to $9 million in December, the crucial month for e-tailers...