Stock Attack II - A Complete Analysis Message Board

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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: TechTrader42 who wrote (35594)	5/7/2002 4:55:09 PM
From: Monty Lenard	Read Replies (1) of 52237

4:30 (Dow Jones) An early glance at Cisco's (CSCO) 3Q results shows better than expected earnings but flat sales. Pro forma earnings of 11 cents a share beat First Call consensus by 2 cents. Sales of $4.82 billion roughly flat with 2Q missed First Call view of $4.86 billion and were at low end of company's forecast range. A big improvement in pro forma gross profit margins: 63.1% in 3Q vs. 57.6% in 2Q and 54.5% a year earlier. (PDL) Wonder how much "obsolete" inventory was used to improve that GP Margin? Until the results are filed with the sec it is all a charade and guessing game. Monty

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