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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: LindyBill who wrote (1274)4/13/1999 8:03:00 AM
From: Uncle Frank  Read Replies (1) of 54805
 
CISCO TO ACQUIRE GEOTEL FOR $2B
dailynews.yahoo.com

Getting off Q for just a moment, Reuters just announced that Cisco will acquire GeoTel (GEOC) for $2B. This is part of Cisco's VOIP strategy; GeoTel's profile from Yahoo Finance reads:

GEOC provides Computer Telephony Integration software solutions focused on enhanced voice and data routing technology that enable customer-oriented companies to deliver responsive and cost-effective customer service. For the fiscal year ended 12/98, revenues totalled $44.9 million, up from $18.6 million. Net income rose 45% to $9 million.
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