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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 77.04-0.5%Dec 31 3:59 PM EST
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To: BWAC who wrote (57140)2/6/2002 10:09:06 PM
From: Qualified Opinion  Read Replies (1) of 77400
 
BWAC, it looks like the $195 million benefit (looks like net of taxes) of the reversal of the write off of inventory improved CSCO'S GAAP Gross Margin by at least 4%. That benefit added 3 cents to GAAP EPS.
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