They have a pretty poor history as a defence contractor though. They
managed to squander millions/billions on a British Version of AWACS which
bellyflopped. We ended up buying American again. They could not get the
Radar to work properly. Apparently had stationary brick walls moving at 100
m.p.h. etc etc I trust that if Cisco acquire then they get rid of that
division to some one who wants it, Lockheed-Martin perhaps!
Karl
----- Original Message -----
From: "Philip Barker"
To:
Sent: Monday, June 04, 2001 2:04 PM
Subject: Re: Cisco May Bid for Marconi [7:7024]
> Natasha,
> Marconi are making no comment citing that the top execs are in
> Atlanta at a trade show !!!!
> My own personal thought would be that the Marconi execs would have issued
a
> statement if their was
> NO truth in the matter, since Marconi shares are up 6% today on this
rumour.
>
> Q: What have Marconi got that Cisco want ?
> A: Strong European foothold.
>
> Regards,
>
> Phil.
>
> ----- Original Message -----
> From: "Natasha"
> To:
> Sent: Monday, June 04, 2001 3:52 AM
> Subject: Cisco May Bid for Marconi [7:7024]
>
>
> > London, June 3 (Bloomberg) -- Cisco Systems Inc. may make a 12 billion
> > pound ($17 billion) bid for the U.K.'s Marconi Plc to increase sales in
> > Europe, Sunday Business reported, citing unidentified industry sources.
> >
>
http://www.bloomberg.com/fgcgi.cgi?T=marketsquote99_news.ht&s=AOxpdARUzQ2lzY
> 28g
> >
> > Does anybody know anything about this?
> > Thanks
> >
> > --
> > Natasha Flazynski
> > CCNA, MCSE
> > http://www.ciscobot.com
> > My Cisco information site.
> > http://www.botbuilders.com
> > Artificial Intelligence and Linux development
> > ------------------------------------------------
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