Clown-Free Zone... sorry, no clowns allowed Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Clown-Free Zone... sorry, no clowns allowed

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Lucretius who started this subject	3/28/2001 7:11:20 PM
From: jjetstream	Read Replies (2) of 436258

Cisco puts acquisitions on hold - FT Guess thats because there purchasing power is deflated so much now, could cut a little close to the bone using those real bucks....<g> LONDON, March 29 (Reuters) - Cisco Systems Inc (NasdaqNM:CSCO - news) has put an informal hold on making any more acquisitions because of the drop in the high-tech market, the Financial Times reported on Thursday. The FT said the number one maker of networking equipment for the Internet expected the move to last until the high-tech market recovered. Chief Executive John Chambers was quoted as saying it would be inappropriate to make any further buys ``at a time when we're reducing our own workforce''. Cisco, which made 23 acquisitions last year, has not bought a company since December 14, the paper said. It said it was the company's longest acquisition pause since the 1998 Asian economic crisis. Email this story - Most-emailed articles - Most-viewed articles

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next