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Strategies & Market Trends : Z Best Place to Talk Stocks

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To: Joe Stocks who wrote (39997)	5/29/2002 9:39:42 AM
From: BWAC	Read Replies (1) of 53068

<It means that around a quarter of all Cisco's accounts/receivables are reserved for. > Thats just a plain wrong comment by Merril Pimp. It assumes they continue to reserve 7% per quarter and make no further sales this year. 7% x 4 quarters = 28% around a quarter of recievables? Idiots forgot to multiply sales and corresponding receivables and collections of A/R out as well by 4X. Or maybe it was just incorrect of the writer Emily Church who has often appeared to be incompetent on her subjects and whose articles normally contain such conceptual errors.

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