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


To: RetiredNow who wrote (63894)5/8/2003 8:28:29 AM
From: rkral  Read Replies (1) | Respond to of 77400
 
OT ... mindmeld, re "not sure what Cisco's ttm EPS is, but I'm pretty sure it's less than $.88"

You're correct. Dyslexic me was looking at MSFT numbers. Here are the corrected numbers for CSCO.

After-tax option expense per SFAS 123 is $0.29 for the 6 qtrs ending Jan '03 -- about $0.20 per year. As GVTucker posted, ttm GAAP EPS is $0.46 thru Apr '03.

So ttm SFAS 123 EPS is about $0.26 -- 43% lower. When the economic recovery begins, I expect Cisco will be able to increase earnings. This will decrease the percentage hit of the options expense, IMHO.

Regards, Ron

Ron