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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 77.15

+4.3%

10:35 AM EST

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To: Kenneth E. Phillipps who wrote (28234)	10/3/1999 5:53:00 PM
From: Zoltan!	Read Replies (2) of 77398

>>Nortel has doubled since start of year. How has Cisco done since start of year. When Nortel acquired Bay, you said they paid too much but Nortel has doubled since Bay acquisition. BAY is still in decline and yes Nortel paid too much. "The Bay business has not grown and perhaps even declined," said Warburg Dillon Reed analyst John Wilson. "From that perspective, if you paid [nearly $7 billion] for a $2 billion company, that's a bad acquisition," he said. - Challenges ahead for Nortel-Bay combo By: Wylie Wong and Ben Heskett, CNET News.com 9/30/99 12:46:00 PM cnetinvestor.com

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