Word: cisco
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Other funds highlight the power of one woman. Catherine Muther, 52, of San Francisco, earned lucrative stock options as an executive at the tech firms 3Com and Cisco Systems. In 1994 she pulled $5 million from her purse to create a fund that supports everything from female entrepreneurs to girl athletes...
...Robert Stansky seems a bit wary. Over the past few months, Stansky has lightened his tech load, from 25% to 20%, replacing Intel and Lucent at the top of his portfolio with Citigroup and Time Warner [parent of TIME's publisher]. He still has Microsoft, MCI WorldCom, AOL and Cisco (along with GE, Home Depot, Wal-Mart and Merck) at the core, a strategy that's working; so far, he's still beating the S&P, with a 12% return this year...
...site is sponsored by KIVEX.com and Cisco Systems...
...total) accounted for 52% of the index's gain last year. "The market" may be going up, but it's almost entirely on the backs of a favored few: GE, IBM, Wal-Mart, Merck--all Dow components--along with tech wonders Microsoft, Dell (which I own) and Cisco...
Last month Motorola and Cisco Systems said they would jointly ante up $1 billion over four years to create wireless, high-speed Internet networks. AT&T and others are experimenting with cellular-like services that compress data and bring high-speed Web access into homes. That could help some rural areas. But while wireless towers can easily cover vast stretches of the plains, it's a far costlier matter to erect enough towers to throw signals around the Rocky Mountains. Moreover, many of the companies that are talking up wireless have densely packed urban businesses and mobile professionals in their...