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%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Stock Farmer who wrote (51437)	4/16/2001 11:38:31 AM
From: RetiredNow	Read Replies (2) of 77398

I'd be more inclined to say revenues will come in at or near $6B rather than $6.8. In addition, I think GM will not decrease from 63% last quarter to 38% this quarter. Instead, I think we will see GM at 55% or higher. Remember, writeoffs of inventory don't hit COGS. They are extraordinary charges. Also, everyone thinks R&D is only from acquisitions, but this is incorrect. 1/3 to 1/2 of Cisco's R&D is internal. The rest is from acquisitions, so we'll have lower net income from more R&D than you guessed. Finally, I don't know what the tax benefits of all these one time charges will be, but I bet it reduces their taxable income, so the tax hit will go below their normal average rate. TTYL!

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next