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

To: RetiredNow who wrote (57348)	2/8/2002 3:58:57 PM
From: Stock Farmer	Read Replies (2) \| Respond to of 77400

Check the earnings statement. You tell me: how much goodwill did they write off? I thought "--" was short form for zero. I also note in the P/R balance sheet that total Goodwill has risen to 3.3 Billions, which is about half the size of Retained Earnings. I shouldn't have to tell an Accountant with an MBA what that means. As to "I can't think of any reason why a company wouldn't take a goodwill amortization in any given quarter", well I couldn't either. Unless the negative impact on GAAP earnings is undesirable <ggg>