{"id":5078,"date":"2009-10-13T12:20:27","date_gmt":"2009-10-13T16:20:27","guid":{"rendered":"http:\/\/www.thedisciplinedinvestor.com\/blog\/?p=5078"},"modified":"2016-09-20T05:07:53","modified_gmt":"2016-09-20T09:07:53","slug":"cisco-csco-buys-starent-star-did-you-see-this","status":"publish","type":"post","link":"https:\/\/thedisciplinedinvestor.com\/blog\/2009\/10\/13\/cisco-csco-buys-starent-star-did-you-see-this\/","title":{"rendered":"Cisco (CSCO) Buys Starent (STAR) &#8211; Did You See This?"},"content":{"rendered":"<p style=\"text-align: left;\">Nice news today&#8230;. Our 2% position in Starent Networks (STAR) is getting a nice premium today as Cisco Systems (CSCO) is buying the company. In fact, a premium of <!--more-->20%.<\/p>\n<p style=\"text-align: left;\">If you listened to the latest TDI Podcast (#130), we discussed STARENT in detail. Hopefully you picked up shares. If not, listen <a href=\"http:\/\/www.thedisciplinedinvestor.com\/blog\/2009\/10\/11\/tdi-podcast-130-curzio-on-stocks-under-10\/\"><strong>HERE<\/strong><\/a> and make sure to subscribe through <strong><a href=\"https:\/\/podcasts.apple.com\/us\/podcast\/the-disciplined-investor\/id217999782\">iTunes<\/a><\/strong>.<\/p>\n<p style=\"text-align: left;\">9\/2\/2009 &#8211; Purchased 1% Position at $20.87<br \/>\n9\/8\/2009 &#8211; Increased position by 50% at $24.55 for a total of 1.5% position at $22.10.<\/p>\n<p style=\"text-align: left;\">(Note: Portfolios opened after the above dates may have a different average price for this position)<\/p>\n<p style=\"text-align: center;\"><a href=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2009\/10\/star.png\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-4174 aligncenter\" title=\"star\" src=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2009\/10\/star.png\" alt=\"star\" width=\"546\" height=\"446\" \/><\/a><\/p>\n<blockquote style=\"text-align: center;\">\n<p style=\"text-align: left;\">Oct. 13 (Bloomberg) &#8212; Cisco Systems Inc. said it agreed to buy Starent Networks Corp. for $2.9 billion, or $35 a share, a premium of 20.6 percent. Cisco said it expects the acquisition to be dilutive to non- GAAP earnings in fiscal 2010 and 2011, and accretive to non-GAAP earnings in fiscal 2012. The acquisition is expected to close during the first half of calendar year 2010.<\/p>\n<\/blockquote>\n<p style=\"text-align: center;\">\n<p style=\"text-align: center;\">___<\/p>\n<p style=\"text-align: center;\">\n<p style=\"text-align: center;\">Looking to invest in The Disciplined Investor Managed Growth Strategy?<br \/>\nClick below for the 14-minute virtual tour&#8230;.<\/p>\n<p style=\"text-align: center;\"><a href=\"http:\/\/www.thedisciplinedinvestor.com\/blog\/mailbox\/tdi-investment-fund\/\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" src=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2009\/10\/TDIMG-3.jpg\" alt=\"\" width=\"212\" height=\"318\" \/><\/a><\/p>\n<p style=\"text-align: center;\">\n<p style=\"text-align: center;\">Disclosure: <a title=\"Horowitz &amp; Company\" href=\"http:\/\/www.horowitzandcompany.com\">Horowitz &amp; Company<\/a> clients may hold positions of securities mentioned as of the date published.<\/p>\n<p style=\"text-align: center;\">\n","protected":false},"excerpt":{"rendered":"<p>Nice news today&#8230;. Our 2% position in Starent Networks (STAR) is getting a nice premium today as Cisco Systems (CSCO) is buying the company. In fact, a premium of<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[224,12,42,18],"tags":[483,490],"class_list":["post-5078","post","type-post","status-publish","format-standard","hentry","category-long-ideas","category-markets","category-stocks","category-technology","tag-markets","tag-stocks","et-doesnt-have-format-content","et_post_format-et-post-format-standard"],"acf":[],"_links":{"self":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts\/5078","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/comments?post=5078"}],"version-history":[{"count":0,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts\/5078\/revisions"}],"wp:attachment":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/media?parent=5078"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/categories?post=5078"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/tags?post=5078"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}