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Technology Stocks : Son of SAN - Storage Networking Technologies -- Ignore unavailable to you. Want to Upgrade?

To: Joe Wagner who wrote (4699)	2/12/2003 10:39:23 AM
From: Greg Hull	Respond to of 4808

Cisco lays off 50 in Maple Grove Cisco Systems laid off 50 of its 65 employees at its Maple Grove-based NuSpeed Internet Systems subsidiary. Cisco, based in San Jose, Calif., bought NuSpeed for $450 million in 2000 at the height of the Internet boom. Cisco described the layoffs as part of a corporate strategy to focus on profitable products. A spokeswoman said the remaining Maple Grove employees would focus on enhancing the NuSpeed product, a router that links corporate storage area networks with the Internet. twincities.com