Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?

To: The Phoenix who wrote (39413)	8/12/2000 1:20:08 PM
From: bambs	Read Replies (1) \| Respond to of 77400

Gary, Would you buy CSCO at this level if you thought that the "pooling" rules would be changed in the next year. What would you think of your investment if CSCO was forced to change it's accounting practices and begin amortizing the "goodwill" from past acquisitions over a 20 year period? Would you feel the same if this changed turned the "actual net-income" to a negative number? I believe that this change would wipe out "actual net income". You must agree that CSCO's has paid prices for companies like ARPT that have eroded "actual" shareholder value. I think the CSCO picture has been distorted by the media focusing purely on pro-forma numbers. There now exists enough CSCO stock for everyone on the planet to own a share! That's a lot of paper! It will be a big job long term for CSCO to draw in the kind of revenue and profit that will justify the market cap / outstanding shares! Bambs