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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?

To: X Y Zebra who wrote (11663)	11/6/2002 9:59:41 PM
From: mishedlo	Read Replies (1) \| Respond to of 57110

If you write off something as 100% worthless why should you be allowed to sell it. Do you think the IRS would allow me to write off something at 100% then sell it for full value. I believe it is not only unethical but criminal. I am not an accountant or a lawer but how the street can let CSCO get away with this is insane. They PURPUSELY lied to make future quarters look better. Had they not written this off their margins would not be as good nor would sales data. The clear intent was to DECEIVE. M