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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 73.69

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3:59 PM EST

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To: Qualified Opinion who wrote (57443)	2/9/2002 3:09:25 PM
From: rkral	Read Replies (1) of 77400

robgera, is this a good thing OR a bad thing? benefit from reversal of the inventory write off on GAAP Earnings was around $672 million, after taxes, in the last three quarters Secondly, the effect of this "benefit" was to decrease the GAAP cost of sales (re pro forma cost of sales) by an identical amount .. so how do you conclude it is an after tax amount? TIA Ron

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