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

To: Wyätt Gwyön who wrote (52118)	4/25/2001 9:46:17 AM
From: SouthFloridaGuy	Respond to of 77400

Does anybody here know why CSCO wrote off 80% of Raw Materials? Wouldn't it have been more accurate or conservative to write off work in progress and/or finished goods inventory? But hey, right after that we grow at 30/50% a year, right everyone. Just rhetorical thoughts...

To: Wyätt Gwyön who wrote (52118)	4/25/2001 10:18:43 AM
From: John Koligman	Read Replies (1) \| Respond to of 77400

Mucho - I enjoy reading Gretchen's stuff in the NY Times on a regular basis. She pulls no punches and gets right to the meat of the matter. Now a comment - if you saw that piece you probably have also read the studies that the Times has run recently on stocks that go into single digits. Since the studies show that a very low percentage ever make it back out of the single digits, you better reconsider a Cisco buy at 3 <ggg>. Best regards, John Ah, what the hell, a move from 3 to 5 would be a nice percentage trade!!!