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To: cfimx who wrote (53595)4/6/2003 2:22:57 PM
From: Lizzie Tudor  Read Replies (1) | Respond to of 64865
 
I'm looking for facts not rhetoric when people make such outlandish claims.

On another thread I tried to get into the details with someone who was claiming Cisco actually never made a dime in their entire existance. I tried to get him to tell me definitively where the cash went when a company brings in 4.5 billion in a quarter with 70% gross margins. I doesn't cost billions every quarter in fixed costs to operate- just doesn't. Stocks have been flat or declining for years so no "options expenses" (I put this in quotes because this is not a real expense) are relevant, even if you take the most agressive stance wrt options. So where do those billions go. The answer as we both know is that these are profits.