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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 71.07

-1.4%

3:59 PM EST

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To: RetiredNow who wrote (52517)	5/8/2001 5:44:28 PM
From: Wyätt Gwyön	Read Replies (2) of 77397

but mindmeld, i thought you were looking forward to them doing just that (adding back inventory profits) as a way for the stock to go up. remember what you said??? Message 15703793 To:Mucho Maas who wrote (52003) From: mindmeld Sunday, Apr 22, 2001 1:41 PM View Replies (1) \| Respond to of 52517 I agree with you completely about what Cisco will do. They will more than likely use inventory that was written off and then they will get a margin boost. It's perfectly legal and is allowed for under GAAP. I also agree with you that if we are looking for "truth" and appropriate accounting, we would wish they wouldn't play these games. But the bottom line is they are doing it this way and the bottom line is that it will benefit their margins and income down the road. All you have to do is realize it and you can profit as the stock moves up.

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