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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?


To: The Phoenix who wrote (27236)8/8/1999 8:14:00 PM
From: sawgrass  Read Replies (2) | Respond to of 77400
 
<Cisco investing $1Bil. into KPMG>
Is this for real???? What next IBM buys Mattel. I do not see the point. Yeah, I read the story.........so what. I am going to burn a couple thousand tonight by buying my CPA dinner and drinks. I hope he remembers around tax time when I need some cash!!!!!!!!!



To: The Phoenix who wrote (27236)8/8/1999 10:39:00 PM
From: John F.  Respond to of 77400
 
KPMG investment .. Impact on CSCO Stock

Cisco has been investing in and acquiring other companies for a long time now.
This 1 billion investment in KPMG has to be one of the larger. Anyone have the
details on the size of past Cisco investments/acquisitions?

I would think that we would be better able to assess the impact this investment
announcement will have on the stock with such details in hand.

Seems to me the investment should be viewed favorably in light of the fact that it
should force other big accounting firms to accelerate their internet plans.



To: The Phoenix who wrote (27236)8/9/1999 9:45:00 AM
From: Don Pueblo  Read Replies (1) | Respond to of 77400
 
Up a buck and a quarter on 2 million shares in the first 10 minutes.

heh heh