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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 78.32-0.1%Jan 30 9:30 AM EST
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To: chic_hearne who wrote (46012)1/4/2001 4:17:54 PM
From: The Phoenix  Read Replies (2) of 77400
 
Chic,

So how has Crisco magically reported increasing earnings when they haven't been able to grow operating income for four quarters even when
revenue is growing by as much as 60% YoY

This is the same "discussion" I was having with GV... or at least the implied issue. Perhaps a better question to ask yourself is - if CSCO is growing revenues at 60%+YoY why are earnings not growing at an equivalent rate...given that margins - although lower - lower by less than a point. Where's the money going? I think if you investigate this you may get to your answer.

OG
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