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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 77.80-0.3%Nov 17 3:59 PM EST

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To: NewsTrader who wrote (15990)8/15/1998 7:42:00 PM
From: StockMan  Read Replies (6) of 77400
 
Re -- Cisco Systems (CSCO) Chairman John Chambers registered to sell 390,000 common shares for about $38,511,486...

This is about 1/3 of Mr chambers Cisco holdings. Looks like THE MAN is BAILING OUT in a HURRY (this is not for kids education, new house etc..). Also other VP's are BAILING OUT TOO.

It could be because they have finally realized the GAME is OVER, and Cisco will soon be like 3Com.

This is UNPRECEDENTED. Maybe Erik will wind up having to SELL and pay TAXES after all!!
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