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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 76.11

+0.9%

Nov 21 9:30 AM EST

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To: Techplayer who wrote (27931)	8/26/1999 11:12:00 AM
From: Zoltan!	Read Replies (1) of 77400

>>z, as I said, good purchase. 26 mil/employee! holy cow!eom Bloomberg is reporting that Cisco also considered buying Tellabs but got Cerant at half the price for the same technology. Says market has figured that out as Cisco is up and Tellabs is off. Reports analysts are saying Cisco got a good price considering the technology and recent market action. ''This will allow Cisco to penetrate more deeply what has been a traditional stronghold of Old World players (like Lucent), and that helps to explain why they're paying so much for it,'' said analyst Michael Cristinziano at Gerard Klauer Mattison & Co. in New York.... ...Such moves are rapidly expanding the size of the market Cisco is addressing. According to Cristinziano, in 1998 it was addressing a market worth $20 billion and had about 50 percent of it. But by 2002, because Cisco is aggressively moving into new markets, Cisco's market opportunity will be $140 billion... dailynews.yahoo.com

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