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

To: Stock Farmer who wrote (57029)	2/4/2002 8:12:10 AM
From: JakeStraw	Read Replies (1) \| Respond to of 77397

Cisco may gain from old inventory When Cisco Systems reports its second-quarter results Wednesday, one development to watch is whether the company is continuing to boost the bottom line by bringing inventory back from the dead. In November, Cisco reported first-quarter results that topped estimates, but the networking giant disclosed that an "excess inventory benefit" helped pare its net loss under generally accepted accounting principles (GAAP). Cisco reported a net loss of $268 million in the first quarter, but it could have been twice as ugly if the company hadn't gained $290 million from selling or using inventory that it had previously written off for dead. news.com.com