VocalTec's biggest shareholder, Cisco, sold back its shares to the company. I believe, like all market bottoms, it was time to increase its stake; especially since it was trading below value. Instead, it's rumored that Cisco is looking to buy VMware. Since shareholders don't know any better they dumped more VocalTec shares into the market.
What I believe you are seeing is the case for Cisco to take a tax writeoff as opposed to profiting from the immense opportunity that VocalTec may yet poise.
Remember the big mining companies sold world class mining properties to juniors when commodity prices were greatly depressed-this could be another example of that in the tech world.
Lets see where it goes from here!
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