And it's not Microsoft. Or it wasn't for a while, anyway -- as Cisco Systems briefly became the world's most valuable company.
By Reuters
March 24, 2000 5:10 PM PT
SAN FRANCISCO -- Cisco Systems Inc. Friday topped Microsoft Corp. as the world's most valuable company, holding its lead through much of the session after briefly overtaking it for the first time Thursday.
On an official basis, on the Nasdaq, Cisco (Nasdaq: CSCO) closed up 1-9/16 at a record 79-3/8 while Microsoft (Nasdaq: MSFT)eased 3/16 to 111-11/16.
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