Cisco Systems Shopping Spree Message Board

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Technology Stocks : Cisco Systems Shopping Spree

CSCO 72.68

+1.9%

12:57 PM EDT

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To: Bill Fischofer who wrote ()	9/22/1996 3:09:00 AM
From: Bill Edwards	of 22

I noticed Cisco has taken a stake in this company which has soared to $30. Cisco usually keeps their finger on the pulse when it comes to networking. It would be nice to know why they took a stake in this small company. SUNNYVALE, Calif.--(BUSINESS WIRE)--Sept. 18, 1996-- International Network Services ( inss ) today announced the initial public offering of 2,500,000 shares of common stock at a price of $16 per share. "International Network is a very good company with a great future, although it's still not justified at this price," said Shah. He added Cisco Systems Inc 8.3 percent stake in International was also contributing to the gains. "This company will probably be acquired by another large player, and Cisco is the leading contender becasue of its 8.3 percent stake," he said. International Network provides services for complex enterprise networks. It has 435 employees in 17 cities and its clients include AT&T Corp , Ascend Communications Inc , Georgia-Pacific Corp and Sprint Corp .

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