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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Lucretius who started this subject2/6/2002 12:37:05 PM
From: KeepItSimple  Read Replies (3) of 436258
 
So it's official, Cisco has been steadily selling all that inventory that was warehoused and written off as "unsaleable" last year.

Chambers was interviewed a few times and he SWORE TO THE ENTIRE FUCKING WORLD that he was not going to resell that equipment.

Well surprise surprise! Cisco now says they have been agressively selling that equipment, which was previously written down 100% as unsellable. So that means this particular product has 100% profit margins now!

This is absolutely criminal. Chambers should be in fucking jail, along with all of his accountants. Anyone who believes anything that idiot says deserves to lose every penny they have, their wife, their dog, and their pickup truck too.

This is such a crock that I am still stunned. He was on the record saying they would never sell that warehoused-for-disposal product! I saw him on CNBC saying it!

And here they come and use it to inflate their earnings!
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