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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 72.11-0.3%3:59 PM EST

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To: Wyätt Gwyön who wrote (51971)4/21/2001 4:17:33 PM
From: RetiredNow  Read Replies (2) of 77397
 
Well, I would categorize all of your questions as purely rhetorical, because you know the answers as well as I do. But those questions are irrelevant, because who cares about those answers. What we all really want to know is how will this affect earnings going forward? The answer to that is it can only be beneficial. If they use some of that inventory, then all their numbers benefit. If they don't, well, it was written off, so it won't hurt them down the line. The move was legal and brilliant and will generate a hailstorm of disapproval from accountants, but the bottom line is that it can only help Cisco going forward, which means that it will help the stock. So here's another question for you? Do you want to profit from that knowledge or not?
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