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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: ajtj99 who wrote (35626)5/7/2002 7:10:54 PM
From: Monty Lenard  Read Replies (2) of 52237
 
aj, give these a glance not that it will matter.

"Cisco said it had net income of $729 million, or 10 cents a share, in the quarter ended April 27, reversing a year earlier loss of $2.69 billion, or 37 cents a share(The year earlier quarter included a charge of $2.25 billion to cover excess inventory, plus goodwill amortization of $181 million, and other items.)"

That is how the media is able to call a 264% profit increase.

Monty
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