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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 75.19

-0.1%

Jan 16 9:30 AM EST

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To: Techplayer who wrote (29584)	11/24/1999 12:15:00 AM
From: Bindusagar Reddy	Read Replies (1) of 77400

why are these people so excited when Cisco is yet to sell or win any deals in optical switching. Just buying an unproven startup by paying 7 billions is not a guarantee. If they paid only 500 million people would not make much of it. By paying 7 billion of inflated stock, Cisco's management will be under tremendous pressure to perform. All this dilution from Balloon acquisitions without revenues will hurt their EPS next year. I will mark this post to revisit next year , if the Cisco cheerleaders are still here, which I doubt very much. The only real competition for LU in optical is NT..Cisco will regret buying Cerent. BR

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