Cisco Says ‘No Deal’ for EMC; Shares Jump on Better-Than-Expected Financial Results
Aug 7th, 2008 | By William Patalon III | Category: Financial News, Stock Market InvestingCisco Systems Inc. (CSCO), the world’s biggest maker of networking gear and the focus of a recent “Buy, Sell or Hold” feature in Money Morning, is not in any deal talks with any big companies, and apparently won’t be a bidder for data storage giant EMC Corp. (EMC), Cisco Chief Executive John T. Chambers told CNBC in an interview late yesterday (Wednesday).