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


To: Tulvio Durand who wrote (47306)1/26/2001 1:26:13 PM
From: GVTucker  Read Replies (1) | Respond to of 77400
 
If you want CSCO to buy back stock, then you probably have a little bit of a wait.

A company that does a pooling of interests acquisition must wait a year after the deal closes until they can do stock buy backs. And I haven't been keeping close track of CSCO's recent purchases, but my guess is that one or more of them have been poolings of interests.



To: Tulvio Durand who wrote (47306)1/26/2001 1:27:41 PM
From: kvkkc1  Respond to of 77400
 
I was under the impression that companies were prohibited from repurchasing shares when they use the pooling method of accounting for mergers.knc



To: Tulvio Durand who wrote (47306)1/26/2001 1:38:51 PM
From: Stock Farmer  Read Replies (2) | Respond to of 77400
 
I believe CSCO is restricted from buying back it's own equity as a consequence of prior pooling purchases.

But, perhaps this purchase of CSCO KK is a repurchase of its equity, no?

John



To: Tulvio Durand who wrote (47306)1/26/2001 1:52:33 PM
From: Yaacov  Read Replies (1) | Respond to of 77400
 
PMCS? and who or what the heck is PMCS? gg Apart from that, has there been any down-grades or rumors about the Q?