Dec 12
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“People forget, but Cisco was once the world’s most valuable firm,” says R.J. Assaly at Toggle AI, an analytics firm that Druckenmiller counts among his investments. “In March 2000, it crossed a market cap of $500 billion and dethroned Microsoft.” Assaly notes that Cisco never sniffed those highs again; its stock price recently hit a 52-week low, and its market capitalization is now about $205 billion.
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Dec 12
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