COMS & the Ghost of USRX w/ other STUFF Message Board

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Technology Stocks : COMS & the Ghost of USRX w/ other STUFF

COMS 0.00130

-67.5%

Nov 7 11:47 AM EST

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To: Druggist who wrote (6376)	10/8/1997 10:06:00 AM
From: Moonray	of 22053

Cisco's Granite Product Delay Is Fodder for Rivals, Paper Says New York, Oct. 8 (Bloomberg) -- Cisco Systems Inc.'s Granite Systems Inc. unit has yet to complete a much anticipated Gigabit Ethernet technology product, and Cisco's rivals say the delay is proof the company has lost its edge, the Wall Street Journal reported in its "Corporate Focus" column. The delay is spurring speculation that Cisco is having problems with Granite's networking technology and is looking for another Gigabit Ethernet company to purchase, meaning it's lost its $220 million investment in Granite. Cisco said the reason it hasn't started shipping any Granite products is because universal standards for Gigabit Ethernet haven't been completed, while critics say the standards are essentially finished and that the explanation "doesn't carry much weight," the paper reported. Many networking companies are racing to gain a lead in Gigabit Ethernet technology, which sends information over networks at 100 times the speed of conventional Ethernet, before a universal standard is set for the technology. o~~~ O

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