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

To: Stock Farmer who wrote (54857)	9/2/2001 10:33:30 AM
From: HH	Read Replies (2) \| Respond to of 77400

Haven't you ever heard of EBITDAGRSEFCBPCLTBFOSBT....??? Earnings Before Interest and Taxes and Depreciation and Amortization, and Goodwill, and Rent, and Salaries, and Expenses, and Fees,and Costs, and Bonus, and Purchases, and Capital Losses(but not Gains), and Travel, and Bonus, and Freight, and Office Supplies, and Bonus, and Taxes(hahahaha). HH

To: Stock Farmer who wrote (54857)	9/2/2001 11:59:30 AM
From: RetiredNow	Read Replies (1) \| Respond to of 77400

Hi John, who cares? Look at the cash flow statement and make your adjustments form there. Forget about net, pro-forma, and every other type of manipulated income statement. It is a distraction for long term investors like yourself. We've had this discussion before, I know. But I just could resist. :)

To: Stock Farmer who wrote (54857)	9/4/2001 8:50:06 AM
From: GVTucker	Read Replies (1) \| Respond to of 77400

John, RE: Even before this new rule, Cisco counts all D&A as a pro-forma exclusion. If we accept for the time being that acquisitions are "one time" events I can see excluding the depreciation of goodwill et. al that comes from these activities. However, they have real assets that are depreciating too. Not true. CSCO D&A outside of goodwill is not excluded in their pro forma calculation. While CSCO's definition of pro forma changes slightly from time to time, last quarter's report provides a pretty good group of pro forma adjustments: Pro forma net income, which excludes the effects of acquisition charges, payroll tax on stock option exercises, restructuring costs and other special charges, excess inventory charge (benefit), and net gains realized on minority investments,....