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

To: Baldwin who wrote (27956)	8/26/1999 12:48:00 PM
From: Larry Dambra	Read Replies (1) \| Respond to of 77400

What's this about CSCO stock being declared legal tender for all debts, public or private ... lol I guess when you sport a PE of over 100, it's a good time to make use of it for these kinds of acquisition. Very smart to make use of the stock as capital. Just saw JC interviewed on CNBC at the Dell conference. He came off very, very well. Optical cross-connect is where the market is going ... We expect a sea change, just as when LAN switching was introduced ... wants to be there before the market matures ... acquisition makes sense ... forecasts a market of $10B per annum in the near future ... this purchase lets CSCO address it! Very interesting! Larry