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Technology Stocks : C-Cube
CUBE 37.31+1.1%12:54 PM EST

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To: VidiVici who wrote (44160)8/26/1999 3:53:00 PM
From: VidiVici  Read Replies (2) of 50808
 
Cisco in $7.4 billion buying spree

...
Cerent's equipment helps networks handle all kinds of traffic (voice, video, data) and to bridge incompatible information-transmission standards. Cisco aims to market the products to big phone carriers as a way to migrate to new packet-switched, fiber-optic networks designed for the Internet from traditional circuit-switched, copper-wire networks originally geared for voice usage.

That segment of the industry is becoming the main battleground of telecom equipment makers as they bid to become the leading all-purpose suppliers to Internet, computer and phone companies alike.

cbs.marketwatch.com

Mmmm........ Cisco....
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