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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 71.62

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To: VegasMan who wrote (24639)	4/26/1999 10:35:00 AM
From: William	Read Replies (3) of 77397

FORE buyout at $35 by GEC UK's GEC Agrees to Buy FORE Systems for $4.5 Bln in Cash London, April 26 (Bloomberg) -- General Electric Co. Plc, one of the U.K.'s biggest manufacturers, agreed to pay $4.5 billion in cash for FORE Systems Inc. to gain a stronger presence in Internet equipment. GEC will pay $35 per share, a 43 percent premium to FORE's closing share price on Friday.

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