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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 71.07-1.4%Nov 6 3:59 PM EST
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To: t2 who wrote (52503)5/8/2001 4:59:10 PM
From: RetiredNow  Read Replies (2) of 77397
 
Excellent news. Although, the inventory is coming at $1.9 billion, when it should have come in at $1.6B.

Another piece of good news:
1) Cash and equivalent only decreased from $18B to $17.3B. So much for some people's theory that Cisco was going out of business any time soon.
2) DSO actually decreased from 47 to 38. That is great news. It means they are working down their A/R very rapidly, but that also reflects lower revenue.
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