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To: kvkkc1 who wrote (53964)7/9/2001 12:42:26 PM
From: RetiredNow  Read Replies (1) | Respond to of 77400
 
I personally don't think it fits the pattern of Cisco's past purchases. So I would bet that it is just an unsubstantiated rumor. There will inevitably be a lot of those types of rumors flying around in the coming years, because most people think the networking industry will do quite a bit of consolidating in that time frame.

Anyway, I just can't see Cisco buying Marconi. Their businesses aren't really in any of Cisco's targeted market segments, where they anticipate high growth (e.g. storage networking, Metro optical, Multi-Unit networking, etc). So I wonder why this rumor even began. Strange.



To: kvkkc1 who wrote (53964)7/9/2001 1:53:49 PM
From: MHA  Respond to of 77400
 
There is no "chemistry" match b/w the two companies,
most importantly cultures don't match at all.

-MHA



To: kvkkc1 who wrote (53964)7/9/2001 5:50:27 PM
From: John Carragher  Read Replies (1) | Respond to of 77400
 
wsj.
Meanwhile, analysts at HSBC kept a "reduce" recommendation on Marconi debt following the
resignation of deputy Chief Executive John Mayo and the suggestion the company could be a
takeover target for Cisco or Alcatel. Marconi's 2005 Eurobond was last indicated at the euro
interbank offered rate plus 2.90 percentage points, with its 2010 issue at plus 3.35 percentage
points.