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To: Ardner Cheshire, Jr. who wrote (3271)7/23/1998 1:15:00 PM
From: Rob L.  Respond to of 21876
 
Ardner, that is a short term point of view. In the long run, buying up your competitors to expand is a great idea and the stock price will rise again. How many companies ahs CSCO bought over the last couple of years and look where its stock price is. The stock does not necessarily have to fall, although it generally does, when a merger is announced. If you like the deal they announce and the stock falls that just means you get to buy it cheaper.