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To: Softechie who wrote (6810)3/5/2001 2:52:28 PM
From: Tom Hua  Read Replies (1) | Respond to of 19633
 
Softechie, you're wrong. CORV did not pay BRW to buy its products, BRW (which has a $200 million commitment to buy CORV's all-optical switch) is one of many companies and VCs that invest in CORV pre-IPO. CSCO's stake in CORV is substantially higher than BRW. Lately, most large companies have formed their venture funds to get involved in private companies with promising technologies. INTC, MSFT, CSCO, SUNW, NT, etc all have their venture branches.

CORV's Huber himself has a venture branch that is involved with some pre-IPO companies, one of them is Hyperchip which specializes in petabit router technology.

Not only there's nothing wrong with being an investor and customer of a company, it makes sense. In fact most of us are.



Regards,

Tom