Arts & Crafts Sale

May 15, 2000

Cisco (CSCO) acquires Qeyton Systems
* Amount: $800 million
* Terms: 100% stock
* Premium: n/a
* Industry: Speed/Bandwidth
* Scorecard: B+
SAN JOSE, May 12–Cisco Systems said it would buy Qeyton Systems based in Stockholm, Sweden for about $800 million in stock, the latest of nearly a dozen acquisitions the world’s largest maker of computer networking systems has made this year. The acquisition of Qeyton is the 11th Cisco has unveiled since Jan. 1, and the second this month, as the company pursues its plan to acquire 20 to 25 companies this year. It made 18 acquisitions in 1999.

CraftClick.com (CTCK) acquires Stenciling.com
* Amount: Undisclosed
* Terms: n/a
* Premium: n/a
* Industry: Content/Communities
* Scorecard: C+
PLAYA DEL REY, May 12–CraftClick.com announced the acquisition of Stenciling.com, one of the oldest and most popular online destinations devoted to the world of stenciling. Founded in 1997, Stenciling.com is an extensive online resource that offers free advice, education and resources, bringing together stencil artists worldwide. Stenciling.com will be e-commerce enabled with CraftClick.com’s 100,000 product Arts & Crafts Superstore, introducing more customers to the largest Arts & Crafts supply store on the Web.

Sunburst Acquisitions (SBAQ) to merge with HollywoodBroadcasting.com
* Amount: Undisclosed
* Terms: n/a
* Premium: n/a
* Industry: Internet services
* Scorecard: D-
HOLLYWOOD, May 12–Sunburst Acquisitions IV is pleased to announce that it has signed a non-binding Letter of Intent relating to the completion of a business combination transaction with HollywoodBroadcasting.com, a Nevada corporation. HollywoodBroadcasting.com provides original live streaming video entertainment for the Internet and its stated goal is to create 25 hours of weekly live programming by Christmas 2000.