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

To: KeepItSimple who wrote (57111)	2/6/2002 6:55:26 PM
From: kvkkc1	Read Replies (2) \| Respond to of 77400

I read on the newswire that they didn't include the $195M gain in their operating earnings. Could you post otherwise if you read that?

To: KeepItSimple who wrote (57111)	2/6/2002 7:07:27 PM
From: kvkkc1	Read Replies (1) \| Respond to of 77400

Greenberg is a perfect example thestreet.com went tits up. Here is the link at csco's site that shows the exclusion of the inventory gain. newsroom.cisco.com Their decrease in working inventory is a great sign.

To: KeepItSimple who wrote (57111)	2/6/2002 7:07:51 PM
From: JeffT	Respond to of 77400

Here is something I found on CNBC that makes sense. "The Cisco news helped tech stocks initially. But a move by analysts at SoundView to cut earnings estimates for Sun Microsystems (SUNW, news, msgs) pushed that stock down about 6%. The setting of Sun took other techs down too. " The link to the article is: moneycentral.msn.com I also suspect that many people were disappointed with the lack of guidance upward for Q3 and thereafter. There seems to be zero visibility beyond the next quarter for Cisco and others. Jeff

To: KeepItSimple who wrote (57111)	2/6/2002 7:49:31 PM
From: RetiredNow	Respond to of 77400

Hi KeepItSimple, good observation. However, you might be premature. Do you know exactly how much the excess inventory benefit was? I don't see any figures that show how much profit was contributed by the benefit. We'll have to wait until we see the number to see if it is significant.