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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 76.11+0.9%Nov 21 9:30 AM EST

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To: The Phoenix who wrote (47446)1/29/2001 12:10:50 PM
From: Tulvio Durand  Read Replies (2) of 77400
 
To my knowledge Cisco is the only large company that has a near real-time accounting of sales, earnings, costs, cash flow, etc., so that it can issue a financial statement that correctly reflects the financial condition (including booked and projected revenues and earnings) of the company at any time. That real time financial accounting allows John Chambers to give highly credible and accurate how-goes-it assessments, and uniquely so among CEOs of S&P-100 companies.

Tulvio
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