SI
SI
discoversearch

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%3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: hueyone who wrote (58486)3/13/2002 3:52:47 PM
From: RetiredNow  Read Replies (1) of 77400
 
The key is the long term, Hueyone. If we are looking at 30 years worth of cash flows, of course you will see one year where working capital goes down by a couple billion and another where it goes up by a billion. What's more is that here is a company whose cash and investments total $21 billion, so a billion may seem to be a lot, but you can expect swings like that when they have so much money sloshing around in the current and long term accounts. I'm not denying the significance of those swings in a two year period as you have noted, but I again state that over a 30 year period, these swings average out. We're looking for long term sustainable trends, not one to two year fluctuations.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext