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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 81.16

-2.4%

Feb 4 3:59 PM EST

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To: RetiredNow who wrote (69114)	10/20/2005 1:13:04 PM
From: Peter Joseph	Read Replies (2) of 77400

At the risk of repeating the obvious: So all of the earnings growth y-o-y (12 to 14 cents) is now going towards options dilution. Growth stock, anyone? Glad to see the new FASB rules finally take effect. Imho, Wall street needs to dump pro-forma earnings and just use the GAAP numbers. For one, the earnings reports will be more readable. To their credit, Cisco has been more elaborate with their numbers than just about anybody else. Next quarterly earnings report due on Nov 9th.

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