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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 76.51

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To: michael97123 who wrote (38189)	7/19/2000 6:32:00 AM
From: Zoltan!	Read Replies (1) of 77400

Looks like Murphy blew it. Again. Dow Jones Newswires -- July 18, 2000 Salomon Files To Sell Securities Tied To Cisco Stock Dow Jones Newswires WASHINGTON -- Salomon Smith Barney Inc. (X.SSB) filed to sell Targeted Growth Enhanced Term Securities tied to Cisco Systems Inc. (CSCO) stock, according to a filing Tuesday with the Securities and Exchange Commission. The filing didn't specify the size of the planned offering. Salomon Smith Barney, however, indicated it will offer the securities at $10 each. The preferred securities will be due in 2003 at an unspecified date. Salomon Smith Barney, a unit of Citigroup Inc. (C), also indicated that the securities will make quarterly distributions and distribute a maturity payment based on the market price of Cisco's common stock. The securities will trade on the American Stock Exchange under the symbol TCZ. The filing didn't spell out when the securities will be offered to the market. interactive.wsj.com

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