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

To: Kenneth E. Phillipps who wrote (34727)	5/6/2000 1:37:00 PM
From: Jorj X Mckie	Respond to of 77400

I understood "defensive" to mean that they would not buy a company to shelve the technology, not that they wouldn't make an acquisition based on acquiring or pleasing a customer. I think that this passage clarifies the intent: "Chambers says he would never make what he calls a defensive acquisition, like buying a Juniper just to throttle its technology."

To: Kenneth E. Phillipps who wrote (34727)	5/6/2000 2:05:00 PM
From: The Phoenix	Respond to of 77400

Looks like Jorj responded already. I wouldn't consider buying a company to increase market share defensive. But perhaps this is semantics. OG