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

To: kvkkc1 who wrote (57112)2/6/2002 7:03:14 PM
From: JeffT  Read Replies (1) | Respond to of 77400
 
You are correct. The inventory recovery income that was for the previously written off inventory is not included in their pro-forma or their operating earnings. Facts seem to escape some folks.

Jeff



To: kvkkc1 who wrote (57112)2/6/2002 7:10:49 PM
From: BWAC  Respond to of 77400
 
<didn't include the $195M gain in their operating earnings>

It was excluded. $195 Million.

So not only was it not included in earnings, the company managed to find some dollars in exchange for a "lost" asset.


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