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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?


To: RetiredNow who wrote (17371)9/25/1998 12:14:00 PM
From: Tulvio Durand  Read Replies (2) | Respond to of 77398
 
Intel wants to buy Cisco according to this source. For whatever its worth, here it is.

Excerpt from "The Option Investor Newsletter", Thursday 9-24-98.

... Intel is also looking to grow from acquisitions. CEO Barrett mentioned CISCO as a possible target but said Cisco was currently too expensive based on PE ratios. WOW what a bite that would be. Intel's cap is $146 Billion, CSCO $103 Bil. ...

Barrett must have been kidding when he said that, uh?

Tulvio