Right now market conditions are excellent, but they won't stay that way forever. If you have ever shopped at Home Depot, then I'm sure you know why they dominate this market space. They have excellent prices and good service. That's a hard combination to beat. As noted above I think they can leverage their current strength in the Do It Yourself space and take that to new ventures as well.
Pros Cons -Continue to dominate in the lucrative telecommunications equipment arena.
The main players are Cisco, Lucent and Nortel. Think that Lucent is currently in the 2 nd best position after Cisco. That's because I do not think they are as well positioned for the future as a company like Cisco. And this stock is no bargain for a technology hardware company. Yet, they seem to be well managed as proven by their track record of surpassing expectations.