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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?


To: William B. Kohn who wrote (27269)9/13/2001 11:00:06 AM
From: McNabb Brothers  Respond to of 30051
 
William,

I believe they have already written off most all their inventory! A write off is exactly that, a write off, one does not make a thing money wise writing equipment off or donating it! It might save a company some taxes due to the write off, but in CSCO case I doubt they need much of a tax write off after what they have already written off!

Hank