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

To: Stock Farmer who wrote (57507)	2/12/2002 9:24:07 AM
From: RetiredNow	Read Replies (1) \| Respond to of 77400

Well, here's a thought experiment for you. If I bought Wal-Mart and you bought K-Mart and we both recorded the goodwill on our financial statements, how much goodwill do you think I might have marked as impaired versus you with your purchase of K-Mart? Wal-Mart turned out to be a good buy for me, whereas your purchase of K-Mart turned out to suck really bad. So we can expect that you had to write more down. I have no proof, so this is an empty assertions, but I would choose Cisco's management when it comes to acquisitions than any other management in the industry. Nortel and Lucent just plain sucked at acquisitions, whereas, Cisco has a reputation for making good ones. That's not to say they haven't had their share of mistakes, but I'd argue that their mistakes are to a much lesser degree than Nortel's or Lucent's. So it logically follows that Nortel and Lucent would have more goodwill writeoffs.