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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 75.19-0.1%Jan 16 9:30 AM EST

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To: MHA who wrote (51548)4/16/2001 9:25:14 PM
From: Stock Farmer  Read Replies (1) of 77400
 
Will inventory be minused from Revenue.

I don't believe so. I believe what will happen is the book value of 2.5 B$ worth of inventory will be changed at a stroke of a pen to zero. This creates some interresting accounting problems which cause an add here and a takeaway there with the net effect that the company's current assets shrink.

CSCO has a whole bunch of other costs that will chew through most of that 4.7 B$ in no time swift.

John.
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