Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Jacob Snyder who wrote (59432)	5/9/2002 3:25:01 PM
From: RetiredNow	Read Replies (1) \| Respond to of 77400

Well, Cisco agrees with you evidently, because they went ahead and purchased the assets outright. However, we weren't talking about the accounting issue and the purpose of the books, rather, we were talking about what a synthetic lease means. Anyway, synthetic leases make good business sense in some cases too, especially if you are trying to hoard cash in a downturn. Cisco realized that they didn't need to be overly concerned with cash, as Larry Carter put it, it wasn't worth the trouble, so they bought it out. So they are listening to you. Can't say as much for other companies.