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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 78.63+1.6%3:46 PM EST

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To: tonyt who wrote (51335)4/12/2001 11:44:20 AM
From: Wyätt Gwyön  Read Replies (2) of 77400
 
11:39 ET Redback Ntwrks (RBAK) 17.47 +1.63 (+10.3%): -- Update -- Rallies sharply off 14.90 low on trading floor rumors that Cisco (CSCO) will make a bid for the company; would note that rumor makes very little sense, as CSCO already has competitive products to RBAK's SMS product line, and Cisco's Cerent division was spun off from the same company as Redback's Siara division. In short, Redback doesn't have any technology that Cisco needs, making an acquisition highly unlikely.
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