lake herring was founded in 1984 by a group of figure machine scientists from Stanford University in the middle of the technological revolution that was casualty in the San Francisco atomic number 18a. The founders created the prototypal router to solve a problem where a husband and wife, who had accounts on different servers in separate buildings of Stanford University, were unable to send electronic mail to each(prenominal) other. The solution to this problem became the first computer router. This event and the second of a few venture capitalists gave stomach to Cisco. Today Cisco is the leading take into accountr of networking hardw atomic number 18 and software program; they provide the physical equipment that is fundamental in networks and the internet. Cisco went public on February 16, 1990 at a split-adjusted price of about 6 cents per share. Ciscos stock, font CSCO on the NASDAQ, is trading at around $11.50 currently and has a $21.92 52 week high. Ciscos stoc k has been hard hit in the internet bust of the late 90s and the slumping economy over the view as few years. Things are looking up for Cisco shareholders as the stock markets start to even out and money starts to fall out back into the major US markets. Cisco is part of the NSADAQ 100, a major ability fund. Uncertain investors looking to reenter the market are sure to invest in proven companies and major ability funds, helping boost the Cisco stock price. The companies official fit out code is 3576 (Network Equipment). According to The Business and Resource Center It can be classified under several other areas including 3577 (Computer encircling(prenominal) Equipment), 7372 (Prepackaged Software), 3661 (Telephone and telegraph Apparatus), and 7371 (Computer Programming Services). Ciscos competitors include Extreme Networks, Foundry Networks, retem Networks, lambent Technologies, Nortel Networks, and Riverstone Networks. Because much of Ciscos technology is proprietar y, there... ! If you want to get a integral essay, order it on our website: OrderCustomPaper.com
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