Cisco Systems, Inc. (CSCO) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 75.46

-3.7%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Techplayer who wrote (27925)	8/26/1999 8:19:00 AM
From: Zoltan!	Read Replies (2) of 77400

>>6.9 billion! holy cow! so much for buying the little guys strategy...good purchase. brian The Cisco strategy applies primarily to the problems inherent in integrating big companies with large disparate staffs - with 287 employees, Cerant would not run counter that. As for price, your favorite - Cramer - avers Cisco got Cerant on the cheap, albeit with very valuable currency: Red Hots Show There's No Such Thing as Overpaying By James J. Cramer 8/26/99 7:30 AM ET Did Cisco (CSCO:Nasdaq) just validate the whole Red Hot movement with this Cerent buy? When you shell out $7 billion in Cisco stock -- which, in the world I live in, is better than cash -- you are making a statement that you don't want to have to pay even more once the public gets a hold of the darn thing. We had been watching Cerent around here for some time. In fact, in my work on my weekend piece about the Red Hots, I was going to include it as the next likely Red Hot. Now it gets taken out by Mac Daddy Cisco at a huge premium to what the momentum funds probably would have paid for it on opening day. Suddenly we may have to stop laughing at what we are paying for the Redbacks (RBAK:Nasdaq) and the Junipers (JNPR:Nasdaq). And go buy more of them. Amazing. Guess there is no such thing as overpaying when it comes to phone-equipment stocks. Another wild day ahead. I can't wait until 9:30. Let's start trading now! thestreet.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next