Cisco Systems, Inc. (CSCO) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 77.42

+4.6%

Nov 13 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Dave who wrote (51440)	4/16/2001 10:00:53 AM
From: Stock Farmer	Read Replies (1) of 77398

Hi Dave - thanks. You're right on the math: GAAP 0.52 B$. If CSCO switches investment gains to "recurring" then they are going to have to answer the "why now" question because they have been excluded in pro-forma until now. I think it would expose them to more criticism of goofy financials and frankly, they should be above that kind of tomfoolery by now. It would be easier to write down only 0.3 B$ worth of inventory and say "components didn't go obsolete" or something for the same net effect. Which would also be positive to GAAP too btw. The inventory situation, plus A/R, + deferred revenue gives them way too much room to wiggle around right now. To me, I think we should watch cash flow. John.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next