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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 75.19-0.1%Jan 16 3:59 PM EST

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To: Zoltan! who wrote (36991)6/2/2000 10:59:00 PM
From: Techplayer  Read Replies (2) of 77400
 
perhaps a repeat...Cisco Systems to expand Texas operations
RICHARDSON, Texas, June 2 (Reuters) - Cisco Systems Inc.
CSCO.O, the largest maker of the equipment that powers the
Internet, announced on Friday plans to build a North Texas
facility that will employ up to 5,000 people.
San Jose, Calif.-based Cisco, which already employs about
1,000 people in the Dallas suburb of Richardson, known as
Telecom Corridor, said the expansion will accommodate its
rapidly growing optical and wireless operations.
Groundbreaking for the 1.7 million square foot office space
is planned in August and construction is expected to take two
to three years.
"The Telecom Corridor is not only an exceptional geographic
location, but offers knowledgeable high tech and
telecommunications specific personnel, suppliers and
manufacturing resources." Joe Bass, vice president and general
manager of Cisco's optical networking group, said in a
statement.

REUTERS
Rtr 16:10 06-02-00
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