Cisco Systems, Inc. (CSCO) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 75.19

-0.1%

Jan 16 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Stock Farmer who wrote (57307)	2/7/2002 7:11:26 PM
From: RetiredNow	Read Replies (2) of 77400

On the goodwill issue, I didn't know they had that many purchases, but I'm glad you brought it up. From what I remember, it was GAAP to amortize Goodwill over 20 years. Rules may have changed, but that's what I remember. In addition, you were allowed to take charges for any impairment of the assets or companies purchased that contributed goodwill. So barring impairment, the quarterly amortization is just a rote calculation. There is no discretion here. The only time you get some discretion is during impairment. So I don't see the conspiracy that you do on this line item. On the options side, I think we'll both be able to tell more when the 10Q comes out, but I am willing to bet that the cash flow contribution was significantly less than $2 billion.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next