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Technology Stocks : Intel Corporation (INTC)
INTC 35.53-1.1%Nov 14 9:30 AM EST

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To: Amy J who wrote (132518)4/16/2001 6:05:27 PM
From: Amy J  Read Replies (2) of 186894
 
RE: "sounds like they just squeezed by"

Thread,

Correction: they didn't squeeze by, according to GV's post below:

Message 15669050

To:GVTucker who wrote (51459)
From: GVTucker Monday, Apr 16, 2001 4:12 PM

Check that. CSCO won't be profitable. "Pro forma" earnings will be positive, but they're also taking restructuring charges and will write off $2.5 billion of inventory. They'll lose a ton of money in the quarter--probably more money than they made in all of fiscal 2000.
Oh my.

-------------------

GV,
This sounds nasty. Glad I only put a toe in the Cisco water - I'd rather clip a toenail than a toe. I wouldn't be surprised if Cisco hits single digits, but it's going to have to drop more from here before I considering buying more: CSCO 6:06 PM 15.86 -2.12 -11.79%.

Thanks for your posts today, particularly from a Palm, which isn't exactly easy.

Regards,
Amy J
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