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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 76.94+1.1%Nov 28 9:30 AM EST

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To: Techplayer who wrote (31042)1/6/2000 6:13:00 PM
From: The Phoenix  Read Replies (1) of 77400
 
JNPR had industry investment for the first round. The second round was used AFTER the M40 was ready to ship and that funding was used for marketing - not for product development. Quantumbridge took a second round in August and still has not product...... at least I didn't see one on the site.

I think the point I'm trying to make is that simply because a company has two rounds of financing doesn't make them a winner... and in fact two rounds before a product is ready is simply VC greed - not company success.

OG
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