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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 78.70

+2.2%

Jan 27 3:59 PM EST

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To: RetiredNow who wrote (64992)	10/23/2003 11:06:19 PM
From: Lizzie Tudor	Read Replies (1) of 77400

look another article saying Google is looking for a 16 billion valuation. Wow. "Their timing is terrific," a technology investment banker said. "Search is very hot right now, they have great momentum. It's a weak IPO market and there's tremendous focus on Google." Another person familiar with Google's plans said the company is aiming for a valuation of about $16 billion, a percentage of which would be sold to the public. By comparison in the Internet world, Yahoo Inc. (YHOO) has a market capitalization of about $26 billion and Amazon.com Inc. (AMZN) about $22 billion. Only 53 public offerings in history have exceeded $1 billion, IPO analyst John Fitzgibbon said. news.moneycentral.msn.com

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