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

To: GVTucker who wrote (48873)	2/12/2001 4:00:05 PM
From: Stock Farmer	Read Replies (2) \| Respond to of 77400

Hi GV. Now that sure clears things up ;) What EPS do you get when you take the $0.11 less investment gains? John.

To: GVTucker who wrote (48873)	2/13/2001 12:12:26 AM
From: Tulvio Durand	Read Replies (1) \| Respond to of 77400

GV, we are now going to address the root cause of our disagreement. You say .. the 11¢ number INCLUDES investment gains. Which means that the 18¢ EXCLUDES investment gains. Dadgummit we agree on that point! No we don't agree. How can 11¢ which includes investment gains be a smaller number than 18¢ which excludes investment gains? Say that: (1) Investment gain is 7¢; (2) earnings without one-time events and without investment gains is 18¢, which is what Cisco is saying. Then the 18¢ excludes investment gains, and, by arithmetic, 25¢ would include investment gains. The last statement does not agree with your first statement. Tulvio