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Strategies & Market Trends : Sharck Soup

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To: Sharck who started this subject4/16/2001 4:26:54 PM
From: Softechie   of 37746
 
Cisco/Estimate-3: Sees $1.6B Inventory Balance After Chg

16 Apr 16:22

Cisco said it expects to record a third quarter restructuring charge of $800
million to $1.2 billion due to restructuring certain areas of the company's
business.

The company also plans to record an excess inventory charge of about $2.5
billion during the third quarter.

Cisco's inventory balance at the end of the third quarter is expected to be
about $1.6 billion following the charge.


(MORE) DOW JONES NEWS 04-16-01
04:22 PM

TOOOOOOO MUCH!!!!!!!
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