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

To: Eric who wrote (44448)	12/12/2000 5:38:20 PM
From: Curtis E. Bemis	Read Replies (1) \| Respond to of 77400

Cisco had acquired a 10% interest in the optical components business of Pirelli during the Pirelli acquisition. Ciscos cost was 100M$ for that particular piece of Pirelli. That components business was acquired by Corning (GLW)and today, that deal closed. Corning gave Cisco 5.4 Mshares of common GLW. At todays GLW closing price of about 75$, that is worth 410M$. Not a bad investment. siliconinvestor.com

To: Eric who wrote (44448)	12/13/2000 10:01:04 AM
From: The Phoenix	Respond to of 77400

Zactly! That's the trouble with less informed folks attempting to understand and play the sector. They hear commentary from analysts and can't discern what it actually means to the companies in the sector. Unfortunately it's the same lack of knowledge that causes some to make unwise buy and sell decisions which in turn do effect the stock price. The moral to the story...you have to understand what the unwise investors are doing to understand the how a stock will move in the short term.... Long term it doesn't really matter. OG