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Technology Stocks : George Gilder - Forbes ASAP

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To: pat mudge who wrote (4449)5/26/2000 11:45:00 PM
From: peggylynn   of 5853
 
Light Reading reports rumors of JNPR buyout of ONI.

BTW, did ONI come out?

James Fulop posted this link on the some of the SI optical threads:

lightreading.com
"ONI Weighs Its Options"

A number of sources believe that ONI Systems Inc. oni.com, the metropolitan-area optical networking specialist whose IPO has been delayed for four straight days, may be negotiating to be acquired rather than going public.

The most likely candidate: Juniper Networks Inc. juniper.net (Nasdaq: JNPR), according to one source who claims to be close to the deal. It's certainly not far-fetched, as both Juniper and ONI are portfolio companies of venture-capital firm Kleiner Perkins Caufield & Byers kpcb.com, whose well-known partner Vinod Khosla serves on Juniper's board...
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