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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: stockman_scott who wrote (47515)	2/6/2002 7:54:22 PM
From: Cactus Jack	Read Replies (6) of 65232

Scott, Message 17024968 Things will get very interesting if CSCO's accounting is called into question. The wrote off hundreds of millions of dollars of inventory last year as worthless, then sold that "worthless" stuff this year with the money going entirely to the bottom line. "Pro forma" is going to be a dirty expression for some time. jpgill

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