Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Sonny Bui who wrote (32761)	3/15/2000 11:56:00 PM
From: Tulvio Durand	Read Replies (1) \| Respond to of 77400

When do AIRO shares convert to CSCO shares? Thanks. Tulvio NEW YORK, March 15 (Reuters) - Computer networking company Cisco Systems Inc. (NasdaqNM:CSCO - news) said on Wednesday it closed its $799 million purchase of Aironet Wireless Communications Inc., its first acquisition in the arena of local wireless networks. Under the terms of the all-stock deal, Cisco will pay 0.637 shares of its stock for each Aironet option and warrant. Following Cisco's stock split, scheduled for March 22, the exchange rate will be adjusted to 1.24678 shares for each Aironet option. Cisco's shares closed down 3-1/8 at 128-5/8 on Wednesday on the Nasdaq stock market.