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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 77.78+1.2%Dec 3 3:59 PM EST

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To: faqsnlojiks who wrote (63883)5/7/2003 12:43:40 PM
From: Stock Farmer  Read Replies (1) of 77400
 
faqsnlojiks,

Linksys management settled for 500 M$. Even if they were complete duffers and miscalled the market by factor 5, the impact to Cisco's 7B shares would be about $0.29 (2.5 B$ in minus 0.5 B$ out divided by 7 B shares is about $0.29/share).

Not much, in the grand scheme of things.

The next 500 M$ in earnings that comes from Linksys, Cisco shareholders have already paid for in dilution.

John
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