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

To: High-Tech East who wrote (50341)	3/25/2001 4:35:26 PM
From: RetiredNow	Read Replies (1) \| Respond to of 77400

I agree with you there. Their investment gains are now investment losses, so that's not a crutch they can use anymore. In addition, the options pyramid they rode over the last 3 years is not going to sustain them either. Let's see how this all shakes out.

To: High-Tech East who wrote (50341)	3/26/2001 10:25:30 AM
From: M. Charles Swope	Read Replies (2) \| Respond to of 77400

"CSCO, more than any company that I am aware of, has misled Wall Street, themselves and shareholders by using "pooling" ..." I find this hard to accept. Every acquisition made by CSCO was described in the press as a "pooling of interests" transaction. There has been a vast amount of publicity given to this accounting treatment of acquisitions due to the FASB's attempt to change the standards to disallow it. Anyone who failed to understand the implications has themselves to blame. Arguing that CSCO somehow misled people by using pooling is simply an excuse for a failure to undertake DD. Charlie