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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Dwight E. Karlsen who wrote (35265)	12/16/1999 12:44:00 AM
From: Stephen	Read Replies (1) \| Respond to of 99985

Dwight, just a couple of comments ... and as I am working from memory, someone correct me if I am wrong... but I believe that CSCO's auditors are KMPG ... to whom they give substantial consulting contracts. And ... to top it off ... I seem to remember that they actually purchased 20% of the company (KMPG) sometime this year ?!?!. I doubt there will be any change of auditors very soon (GG). Stephen PS ... Csco .. like many companies in the tech arena, actually acquire companies and then exagerate one time charges to improve operating results. This has been going on for years ... and in networking has been one of the driving forces behind previous Ascend & 3COM acquisitions. CSCO has always left them standing in that regard ... especially as they spend less on R & D and buy their technology. All in my opinion ... of course. !!