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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Lucretius who started this subject2/6/2002 3:57:37 PM
From: KeepItSimple  Read Replies (4) of 436258
 
Clearly, CSCO is going to blow earnings out of the water- the only question is will anyone on CNBC bring up the fact that all that "profit" came from selling inventory at a 100% profit margin that they wrote down to 0 two quarters ago?

I think there is a ZERO chance anyone will say anything.

Gotta hand it to Chambers- it takes balls of steel to perform this kind of gross accounting fraud while enron is busy getting publicly spanked.
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