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Technology Stocks : RETIX (RETX) Perhaps Another Acquisition Target For CSCO?

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To: Adam Smith who wrote (943)11/29/1997 2:16:00 AM
From: Dana Johnson  Read Replies (1) of 1119
 
Adam,

You ask some good questions. I suppose over time we may learn the answers. I'll make a wild guess: The SEC filing described the "net exercise". Maybe some of the unusual activity in October was selling of those unaccounted 500k+ shares to cover tax liability or to fund the purchase. Gee, a little while back the stock was over $7 so selling 1/4 of the position would just about fund the rest....

On another matter, if I tease Marci about her grammar, will she tell us more about the FedEx story she has heard? I've been interested since I read the 10/27 Information Week article about them. I didn't realize how much they were into networking. According to the article, by years end they will have rolled out 100 T1 lines, and they have a 155 Mbps ATM link between Memphis and Brussels. They spend about $1B a year on IT! Those TMN job ads in Memphis could be FedEx.

stay tuned,
dana
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