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Strategies & Market Trends : Steve's Channelling Thread

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To: Zeev Hed who wrote (14543)	4/16/2001 9:00:07 PM
From: Zeev Hed	Read Replies (4) of 30051

By the way, can someone explain to me how CSCO can write off "all their inventory", they left the January quarter with about $2.25 B of inventories, if memory serve and now they are going to write off about that amount. Does it sound like "cleaning the books" from everything including the "kitchen sink"? I hae been sayin for few days that SSTI will have a big inventory write offs, but not th whole $128 MM they have on the book... Zeev

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