John Chamber's and Cisco's Success

Date Submitted: 09/09/2006 23:37:36
Category: / Business & Economy
Length: 20 pages (5446 words)
Suppose you were stranded on a deserted island and could own just one single stock. What would it be? Think about it for a minute. Would it be a stock that's been battered this spring and is down 20% from its high? A stock that trades at more than 100 times earnings? A stock that's already climbed around 100,000% since going public ten years ago, that's already enjoyed one of the greatest rides in stock market history? The …
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…that?" asks the guy who's taping up the boxes, disapprovingly. "No, just a minute," the manager tells him, and we walk around a corner with the bill. Five minutes later we come back, but the three routers--which go for about $36,000 each--are gone. "Whoa, what happened to these routers?" the manager asks. "We couldn't wait," says a loader. "Printed out another bill and shipped 'em out." Ka-ching! There goes another $108,000 of product flying out Cisco's door.
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