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Technology Stocks : Intel Corporation (INTC)
INTC 37.89-0.1%Nov 12 3:59 PM EST

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To: carl a. mehr who wrote (92937)11/22/1999 1:48:00 AM
From: Paul Engel  Read Replies (2) of 186894
 
Carl - Re: " In my book Cisco is #2. Where do you put it?"

Tied for 3'rd - with Micro$oft.

By the way, Carl - do you remember the extra 5 BILLION SHARES that Cisco authorized at the Shareholders meeting - with NO stock split involved ?

That 5 Billion Shares - coupled with Cisco's current stock price of about $88 - gives them the CAPITAL to make a BUYOUT offer on Intel - at a HEFTY PREMIUM even !

I doubt that they want to do it, but a BUY OUT of Intel may make both FINANCIAL and STRATEGIC sense to Cisco.

Paul
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