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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 75.59-0.6%3:59 PM EST

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To: Skeeter Bug who wrote (39247)8/10/2000 12:34:10 AM
From: Victor Lazlo   of 77400
 
Did y'all see unisphere deflating?
Good news for csco and sonus.

Those whacky germans. Now they're losing the commerce war!
Victor

hoovershbn.hoovers.com.

Siemens to end funding to Unisphere after IPO
Reuters Company News - August 08, 2000 16:15

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By Tim McLaughlin

BOSTON, Aug 8 (Reuters) - After a $1.1 billion investment, Siemens AG has decided to cut off funding to Unisphere Solutions Inc., a U.S. networking start-up that has been hit by staff defections and product setbacks, according to U.S. regulatory filings.

When Unisphere completes its initial public offering later this year, "Siemens has no obligation to provide us with additional funds and they do not intend to provide us with additional funds," Unisphere told the U.S. Securities and Exchange Commission in its IPO registration last week.
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