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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 75.23

-0.5%

Jan 6 3:59 PM EST

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To: The Phoenix who wrote (24473)	4/18/1999 12:12:00 AM
From: Techplayer	of 77400

Gary, My question is who controls the board? Do the founders and LU (or any of the other original investors, including VC's) have enough clout to vote to accept an acquisition? If so, the vc's, founders and the winning investor all vote for the merger at a price higher than that expected in an IPO. These interested parties walk away winners, the other investors fear the future. So, does this need to be unanimous? Brian

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