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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 73.42-2.4%Jan 20 3:59 PM EST

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To: Kenneth E. Phillipps who wrote (31601)1/31/2000 4:43:00 PM
From: Kenneth E. Phillipps  Read Replies (1) of 77400
 
Would Cisco actually pay up to $10 billion for Corvis? I don't think so. Business Week article on Corvis says the lore in Silicon Valley is that Cisco board would approve anything up $9.9 billion to buy Corvis. Article says Corvis could hit $100 million in sales the first year. That is a price sales ratio of 100 to 1. Doesn't make sense to me.
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