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Technology Stocks : Aware, Inc. - Hot or cold IPO? -- Ignore unavailable to you. Want to Upgrade?

To: Elroy who wrote (6894)	8/26/1999 12:49:00 PM
From: Scrapps	Read Replies (1) \| Respond to of 9236

5% huh. Well you have had trouble understanding the value of AWRE in regard to it's market cap. How do you like these numbers? As part of the deal, Cisco will exchange 100 million shares of common stock, worth roughly $6.9 billion, for all of Cerent's shares and options. That values each of Cerent's 287 employees at about $26 million each. Two-year-old Cerent lost $29.3 million, or 54 cents a share, on sales of $9.92 million for the six months ended June 30. An informal buyout deal came together in two days, after Cisco business development director Mike Volpi acted as intermediary for Cisco CEO John Chambers with Cerent CEO Carl Russo, Reuters reported, citing insiders close to the deal. The purchase of Monterey Networks, of Richardson, Texas, is valued at $501 million, based on the 7.3 million shares Cisco is paying. cnnfn.com ---------------------------------------------------------- A simple "WOW" is fine. <gg>