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To: IQBAL LATIF who wrote (30422)	1/11/2000 1:35:00 PM
From: IQBAL LATIF	Respond to of 50167

Speaking to reporters during a Cisco-sponsored conference in Tel Aviv, Nuti said such mergers will be a boon to Cisco, which is a worldwide leader in networking for the Internet. ``For us, it's fantasic news,' he said of the AOL-Time Warner deal. ``Anytime there is significant investment in the Internet that infusion of new investment creates new opportunities for us.' Nuti declined to specify who might be the next Internet company to make a mega-deal, but he said web-portals Yahoo! Inc (NasdaqNM:YHOO - news), Lycos Inc (NasdaqNM:LCOS - news) and Excite were logical choices. ``If I am Yahoo I am thinking carefully who my next target is,' he said. ``It's going to be a year-long industry consolidation to compete with the likes of AOL-Time Warner.' Meanwhile, Cisco will continue apace buying smaller companies in 2000, Nuti said. After buying 42 companies in the past seven years, he said the San Jose, California-based Cisco is on track to buy 12 to 20 more this year, with plans to look at more firms in Europe.