In my view, Cisco's interest in wireless is further validation of WinStar's (and others) business plans.
Also, Cisco is in the equipment supply business, and as far as I know has no interest in the telecom or data service business.
FWIW, WinStar Interactive owns 7.5% of the following IPO.November 29, 1999
Dow Jones Newswires
IPO Spotlight: Total Sports To Offer Up To $57.5M In Stk
Issuer: Total Sports Inc.
Description: Provides online real-time,
event-centered sports coverage.
Location: Raleigh, N.C.
Offering: Up to $57.5 million in common shares
Shares Outstanding
After Offering: N/A
Price talk: N/A
Market Cap: N/A
Underwriters: J.P. Morgan & Co., Hambrecht &
Quist, Allen & Co. Inc., U.S.
Bancorp Piper Jaffray
Proceeds: For expansion of marketing efforts
and technology infrastructure,
strategic acquisitions and general
corporate purposes, including
working capital.
Proposed Symbol: TSPT
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