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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 79.22

+1.5%

10:31 AM EST

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To: The Phoenix who wrote (47968)	2/5/2001 2:31:07 PM
From: Tulvio Durand	Read Replies (3) of 77399

... - that each product does not have an associated cost.... that this is ignored and COGS are then calculated on the macro. From my many years of program management experience, I can attest that is absolutely not so. Individual cost centers are set up for each contract, each program, each product. Otherwise it would be impossible to manage anything. What is being suggested by John and Disciple would require two sets of books -- would be very unconventional if not also illegal. Tulvio

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