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

To: BWAC who wrote (57316)2/7/2002 8:50:54 PM
From: JeffT  Read Replies (1) | Respond to of 77400
 
You see that is what Cisco was doing, but the rules were changed so as to require the capitalization of goodwill instead of just writing it off when the entity was first acquired. What we have learned is that Cisco was beaten up pretty bad for expensing it for many years, and now they get beaten up for handling it according to GAAP. Go figure........

Jeff



To: BWAC who wrote (57316)2/7/2002 8:51:00 PM
From: Sweet Ol  Read Replies (1) | Respond to of 77400
 
Accounting 101 says if you take something off one side of a ledger you have to take it off the other side. What's your point?

Are you suggesting Goodwill is of no value and has no effect on the evaluation of the company?

Best to all,

JRH


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