SI
SI
discoversearch

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.
Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?


To: Softechie who wrote (11634)3/13/2001 5:31:51 PM
From: dan36  Read Replies (1) | Respond to of 37746
 
Not so fast Softie.:-) I'm no Corvis cheerleader, but I have to disagree. Cisco is hardly "cash strapped" with a few $billion in the bank. Also, they "may" be selling because CORV is about to be sold to a competitor. I think Cisco still sits on CORV board so they would be privy to that stuff, right? Either way, I can't imagine they'd be dumping to raise cash. The insider selling is understandable, since all these start-ups were giving away pre-IPO shares to employees/founders like candy at .25cents. I would be locking in profits on at least some of my holdings.