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

To: RetiredNow who wrote (41256)	10/22/2000 1:10:37 PM
From: Curtis E. Bemis	Read Replies (2) \| Respond to of 77397

Pooling decision delayed till at least March 31, 2001 and maybe even longer. I also saw June 2001 somewhere, but I can't find the link- thedailydeal.com

To: RetiredNow who wrote (41256)	10/22/2000 1:46:21 PM
From: Curtis E. Bemis	Respond to of 77397

The FASB has to figure out how to handle goodwill issues first. THEN, it will re-consider the pooling issue. From the FASB-- rutgers.edu IMMEDIATE PLANS The Board is in the process of researching and discussing the various alternatives proposed by constituents about the best method of accounting for goodwill. The Board expects to discuss the accounting for goodwill and other issues related to the purchase method at public meetings through November. Interested parties will be able to monitor those meetings in person or by telephone. A meeting of the business combinations task force will be held at the FASB offices on November 28, 2000. The Board will redeliberate the related issue of whether to retain the pooling method, but not until it has reached a set of tentative decisions with respect to the accounting for goodwill that will best meet the concerns of investors, creditors, and other users of financial statements—as well as companies that prepare those reports. The Board will not make a final decision about the Exposure Draft or consider whether to issue a final standard until it has addressed all of the substantive issues raised by constituents, including Members of Congress, and has considered the entire set of tentative decisions reached during its redeliberations. While the Board currently estimates that it will be able to complete its redeliberations in January 2001, that estimate may not be met depending on the progress of its redeliberations. The Board has no "deadline" for completing the project. We currently expect to issue a final Statement near the end of the first quarter of 2001.

To: RetiredNow who wrote (41256)	10/22/2000 4:02:07 PM
From: bambs	Read Replies (1) \| Respond to of 77397

One thing to consider. On CNBC they said that the Dow has only broke it's October in the same calendar year once. That was 1929. They also said that the Nasdaq has never broke it's October low in November or December of the same year. I expect that as many people have faith in these statistics their won't be any real selling in the market until next year. Unless of coarse, there is major disappointments by some big cap techs. Energy prices the middle east and junk bond problems will remain the potential problem areas for the market. I think it's of the at most importance that the market follows through with this rally next week if we are going to head back up to the 4000 area for Christmas. Personally, I don't see us going over 4000. But you never now. NT's good numbers should give the market an excuse to rally this week. Bambs P.S. I emailed CSCO IR several times, requesting clarification on some of the issues raised in the Bill Parish article. I received no response. It's too bad. I would really like to know how many CSCO granted stock options in total are currently held by employees and directors. If anyone else can clarify this it would be greatly appreciated. The Bill parish article gave the impression that there are 800 million.