- Thursday, 26 November 2009
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Americans generally do the right thing, after first exhausting all the available alternatives - Winston Spencer Churchill
Cisco ends up on the Dow
Nibble
CEO says he is humbled
Thursday, 4 June 2009, 10:56
CISCO HAS ENTERED the financial hall of fame by being named to the list of US blue chip companies that make up the Dow Jones Industrial Average.
According to ComputerWorld, Cisco CEO John Chambers said that did not come without mixed feelings, given that the company was replacing General Motors. He said it was a tremendous honour, but very humbling.
Cisco's addition to the Dow shows the importance of networking technology to the world, he said. µ
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No, it doesn't mean anything, as I heard that Dow Jones really meant to add Crisco, not Cisco.
Plus the importance is not that you got ON the DJI, but who got kicked off.