Cisco Buys Scientific Atlanta

So Cisco (CSCO) is grabbing Scientific Atlanta (SFA) for $5.3 billion. In cash! I’m sorry. I know I should care but I just don’t. Normally when I hear about a major merger, I usually get angry or excited, usually angry. But this one is one big yawn.
Cisco has tons of cash. They just got slammed by Alcatel (ALA) so they pick up SFA. Yawn. The price is probably a good one, but it could have been a whole lot better last year. I expect more deals from Cisco. If I were a Cisco shareholder, I’d still want a dividend which tells you what I think of Cisco.

Posted by on November 18th, 2005 at 3:58 pm


The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.