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


To: rkral who wrote (65074)11/17/2003 11:20:14 AM
From: RetiredNow  Read Replies (2) | Respond to of 77400
 
FYI.

Reuters
Cisco profit would be lower if options expensed
Monday November 17, 11:09 am ET

CHICAGO, Nov 17 (Reuters) - Cisco Systems Inc. (NasdaqNM:CSCO - News), the world's largest maker of equipment that directs Internet traffic, said on Monday profit in the latest quarter would have been 30 percent lower if employee stock options were expensed.
Including the $327 million impact of the options, earnings in the first quarter ended on Oct. 25 would have been $759 million, or 11 cents a share, the company disclosed in its quarterly filing with the U.S. Securities and Exchange Commission (News - Websites) . Earlier this month, Cisco posted a first-quarter profit of $1.09 billion, or 15 cents a share.