SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?


To: M. Charles Swope who wrote (58662)3/26/2002 1:01:00 PM
From: BWAC  Read Replies (1) | Respond to of 77400
 
The Goodwill writeoff is irrelevant. Its irrelevant at AOL, it would be irrelevant at CSCO. DOesn't anybody understand this? Or has the media circus completely distorted everything?

First you have to understand how the Goodwill got there. Secondly you have to understand how it will be removed.



To: M. Charles Swope who wrote (58662)3/26/2002 1:07:55 PM
From: RetiredNow  Respond to of 77400
 
To answer your question more directly, yes Cisco has Goodwill on the books, but no where near amounts that you need to be concerned about. They did most of their huge acquisitions in all stock pooling accounting deals, which resulted in very little goodwill being recorded. Anything they had to write down, they've already done. So there won't be any surprises in this category going forward.



To: M. Charles Swope who wrote (58662)3/26/2002 1:25:25 PM
From: Stock Farmer  Read Replies (1) | Respond to of 77400
 
3.326 B$ goodwill on the books as of 2Q '02

John