COMPANY PROFILE
Cisco Systems is one of the largest network communications company in the world. Cisco provides networking solutions that customers use to build a integrated information infrastructure of their own, or to connect to someone else’s network. Cisco also offers an extensive range of hardware products used to form information networks, or to give them access to these networks. Cisco also has it’s own software called IOS software, which provides network services and enables networked applications. Cisco serves customers in a wide range of businesses, such as corporations, government agencies, utilities, and educational institutes, and small to medium size businesses. Cisco sells it’s products worldwide. They serve as many as 115 different countries. They have more than 225 sales and support offices in 75 countries. Cisco strongly believes in the advantages of a global networked business. By using networked applications over the internet and it’s own internal network, Cisco is gaining financial contribution of at least $825 million a year in operating costs savings and revenue enhancements. Today, Cisco is the largest commerce site, with 87% of their orders are transacted over the web.
Cisco is one of Americas greatest corporate success stories. Since shipping it’s first product in 1986, The company has grown into a global market leader that holds No.1 or No.2 market share in almost every market section in which it participates. Cisco went public in 1990 on the nasdaq stock market with annual revenues at $69 million in that year. But now their revenues are at $12.2 billion in fiscal 1999. Their revenues in the last four quarters are shown in the figure below.
It began with a written press release of the preliminary financial results for the quarter and year ended March 31, 1999. According to the release, the quarterly revenue was $6.4 billion, which was later discovered to be false. Hawkins himself approved the release, knowing that the numbers were materially overstated due to the inclusion of an alleged sale contract with Data General. For the purpose of meeting the expectations of the analysts, the software sales growth was exaggerated by 20%. The revenue goals for the March 31 quarter were $120 million, which both Hawkins and Albert Bergonzi, HBOC's Chief Operation Officer knew were very hard to be met.
Third quarter revenues improved by 1%, over the same period last year, and operating income increased by 3%. During this quarter they invested in Shaw Go WiFi, which provides users with carrier-grade Internet connectivity at approximately 65,000 hotspots. At the end of May they had over 660,000 Internet customers registered on the network connecting over 1.8 million devices.
Stephen Kern, a professor of history at The Ohio State University, wrote the chapter “Wireless
The bitter cold bit against the starved girl’s skeletal body. She was tired. Her parents discussed ways to get to good lands. They told her the only way to have a better life was to sell her into slavery. The girl, only ten years old was silent. She dreamed of fine clothing and good food. The girl went to the House of Hwang. She was too ugly to be in sight; she was kept in the scullery. All dreams of any kind were lashed out of her young mind. Mistreated, beaten, and underestimated, young O-lan learned to work hard and became resigned to her fate. One day, the Old Mistress summoned her and told her that she was to be married to a poor farmer. The other slaves scoffed, but O-lan was grateful for a chance to be free - they married. O-lan vowed to return to the great house one day in fine clothing with a son. Her resolve was strong; no one could say otherwise. Her years of abuse as a slave had made O-lan wise, stoic, and bitter; whether the events of her life strengthened or weakened her is the question.
I recommend a strong buy on Cisco’s stock with a target price of $32.50, a 50% upside from its current price. Cisco has a solid competitive advantage, because there are not many strong competitors in the market. The other firms show a higher P/E ratio than Cisco because they have a lower market share. The company shows a constant growth. Cisco markets its products globally with the highest market shares than its competitors. The main risks for Cisco are worsening of economic conditions or exchange rates. The company has a good growth in sales, which will lead higher profits. The company also gives out an annualized dividend to its shareholders every year.
MCI Case Analysis INTRODUCTION MCI is at a critical point in their company history. After going public in 1972, they experienced several years of operating losses. Then in 1974 the FCC ordered MCI's largest competitor AT&T to supply interconnection to MCI and the rest of the long distance market. With a more even playing field, the opportunities to increase market share and revenue were significant. In order to maximize this opportunity, MCI requires capital.
Wal-Mart’s collaboration with Cisco Systems allows suppliers to log onto Wal-Mart’s database for real-time ...
The company went public in 1980 by offering 4.6 million shares at $22/per share. The shares sold out almost immediately and generated more capital than any IPO since Ford Motor Company in 1956. Apple is considered the world’s largest information technology company by revenue. In February of 2015, Apple was the first U.S. corporation to be valued at over $700 billion. During the years of 1985-1996, Apple suffered with low revenue and also low share interest. After Steve Jobs came back on the job as CEO, Apple jumped back by introducing key Apple products which in the long run made Apple what it used to be, the number one company to sell new and improved technology. Apple’s stock has had four different stock splits, but the stock has gone up close to 30,000%! It is definitely a stock that is volatile to the global news and market but in the long run it is also a stock that is good for the portfolio because of its
Polycom was founded in December of 1990 and went public in 1996. Its global workforce is comprised of approximately 3200 employees. Revenues for 2010 were posted at $1.2 billion. Polycom prides itself in being
In 1984, Oracle Corporation’s revenues reach $12.7 million and they move into a new eighty-four thousand square foot building in Belmont, CA. They also went international by working with companies in Canada, Netherlands, and a limited portion in the United Kingdom.
Tyco International was founded in 1960 and was regarded as an important electrical and electronic components provider, fire protection system maker and electronic security service provider. It is a diverse producing and serving corporation. Tyco has done business in over 1000 locations in 50 countries and hires 69,000 employees around the world (TYCO, 2012). Tyco International has expanded rapidly and broadly since its IPO in 1973 and has numerous companies among the Fortune 500. The firm’s revenue increased from $3.1 billion in 1992 to over $40 billion in 2004, with the firm’s market value estimated at over $100 billion (TYCO, 2012). Tyco has made numerous acquisitions, including 40 acquisitions since the 1980s.
In today's society, technology is the wave of the future. With the invention of the Internet, the world seems to get smaller and smaller, minute-by-minute. When using the Internet, one must have a service provider to access any information that is out there on the information superhighway. The two service providers I will be explaining in this report are Internet Service Providers (better known as ISPs and Application Service Providers (better known as ASPs). There is a big difference between Internet Service Providers and Application Service Providers. An internet service provider (ISP) is a company that provides individuals and other companies access to the Internet and other related services such as Web site building and virtual hosting. An application service provider (ASP) is a company that offers individuals or enterprises access over the Internet to applications and related services that would otherwise have to be located in their own personal or enterprise computers. In this report I will talk about the vast differences in these two service providers including their history, their current uses, and their future directions.
Network goods are commonly sold by monopolies, or the controller of a specific market. The reason for this is because new companies in a specific network industry have difficulty, for they start with no network at all. This a...
1994 it recorded profits of nearly 6.2 billion dollars on revenues of 94.9 billion. Shell, a
Local Area Networks also called LANs have been a major player in industrialization of computers. In the past 20 or so years the worlds industry has be invaded with new computer technology. It has made such an impact on the way we do business that it has become essential with an ever-growing need for improvement. LANs give an employer the ability to share information between computers with a simple relatively inexpensive system of network cards and software. It also lets the user or users share hardware such as Printers and scanners. The speed of access between the computers is lighting fast because the data has a short distance to cover. In most cases a LAN only occupies one or a group of buildings located next to each other. For larger area need there are several other types of networks such as the Internet.