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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 74.03-1.5%12:52 PM EST

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To: Wyätt Gwyön who wrote (48036)2/5/2001 7:15:46 PM
From: Paul Reuben  Read Replies (1) of 77400
 
So are you saying they won't make any more acquisitions? I have not heard this before.

What I'm saying is that it appears that the accounting rules re acquisitions are about to become very, very friendly to the companies who prefer the pooling method of accounting. Though they're about to abolish pooling, it seems they are going to make purchase accounting no more onerous than the pooling method is currently.

Regards,
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