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To: KeepItSimple who wrote (149530)	2/6/2002 7:01:49 PM
From: Cactus Jack	Read Replies (2) \| Respond to of 436258

KIS or anyone, Please forgive the naive question, but how can it be legal to admittedly write down inventory as worthless and then sell it and claim the revenue toward profits? Assuming this is as crooked as it seems, I'm amazed that Chambers admits it in a matter-of-fact fashion. jpgill

To: KeepItSimple who wrote (149530)	2/6/2002 7:08:14 PM
From: Softechie	Respond to of 436258

Ficking creative accounting....hehehehehe

To: KeepItSimple who wrote (149530)	2/6/2002 7:09:32 PM
From: SeaViewer	Read Replies (1) \| Respond to of 436258

No problem. Chambers could write off a few billions more in the next quarter to smooth out the earnings for the following quarters.

To: KeepItSimple who wrote (149530)	2/6/2002 7:23:27 PM
From: Earlie	Read Replies (1) \| Respond to of 436258

KIS; By the way, a significant amount of this gear ended up in the hands of "Larry the Liquidator" types, who have simply pounded this huge glut into an already groaning, glutted market place. Might this have an impact on Cisco's next quarter sales? Naah. (G) Got "driven-only-on-sundays" brand new servers piled up on your lawn? I'm renting mine out at quite reasonable rates. Glad I bought all those tarps in time for last fall's semi glut and even happier that I soaked up all those tarp futures at the same time. Har to rent out the lawn without them. (g) Best, Earlie