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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: Dealer who wrote (15785)11/14/2000 6:49:20 AM
From: Dealer  Read Replies (1) | Respond to of 65232
 
CSCO--Cisco plans $295 mln stock purchase of Radiata
SAN JOSE, Calif., Nov 13 (Reuters) - Network equipment provider Cisco Systems Inc. (NasdaqNM:CSCO - news) on Monday said it will acquire privately held Radiata Inc. for stock valued at around $295 million, boosting Cisco's ability to build wireless networks with faster data speeds.

Cisco currently owns about 11 percent of Radiata, a maker of chipsets for high-speed wireless networks, and it expects to take a one-time charge up to $0.02 a share in the deal.

The deal is expected to close in the second quarter of Cisco's fiscal year 2001.

Radiata, which has offices in San Jose, Calif., and Sydney, Australia, supplies chipsets for high-speed wireless networks. Radiata's products include Baseband Processor and Radio chips, both of which will be used with Cisco's Aironet wireless network products.



To: Dealer who wrote (15785)11/14/2000 11:43:13 AM
From: elpolvo  Read Replies (2) | Respond to of 65232
 
dealie-

what i can't understand in FL is why the vote count must be final by tuesday when there are absentee ballots that are not overdue until friday. how do they include those? are they valid votes? what am i missing here?

-polvie