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

To: Tulvio Durand who wrote (44814)12/18/2000 4:17:09 PM
From: Eric  Respond to of 77400
 
Now that's what really separates Cisco from the pack of telcom providers!

They actually have $$$.



To: Tulvio Durand who wrote (44814)12/18/2000 4:27:14 PM
From: GVTucker  Respond to of 77400
 
Note that although CSCO does have a ton of cash, the quarterly profit is < $800mm. $275mm is a very large proportion of that number. The cash has been accumulated over a large number of quarters, and thus wouldn't be directly comparable.

In addition, the main reason for the large move was that the disclosure of the issue wasn't well communicated, and it sends the message that disclosure in the future might not be as extensive as it was in the past.


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