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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 78.03+0.8%Nov 14 9:30 AM EST

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To: OHL who wrote (12558)2/18/1998 7:52:00 PM
From: Eric  Read Replies (2) of 77399
 
Debra

The company is called Wheelgroup (sp) a privately held corporation based in Texas. They specialize in network security software. Cisco will give them $124 million of Cisco's stock and take a charge of 8 to 13 cents per share in the 3rd quarter.

This is Cisco's 21st acquisition since 1993.

Eric
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