SI
SI
discoversearch

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: Amy J who wrote (67514)4/11/2005 9:38:14 AM
From: Elroy  Read Replies (1) | Respond to of 77400
 
"As Cisco cut costs, the cash rolled in. The cash on its balance sheet jumped from $1.2 billion in 1997 to $9.3 billion in 2003.

Your article writer is excluding short term investment and long term investments (most of which is treasuries with expiration above one year, i.e., cash-like liquid holdings) from their "cash" calculation.

According to my spreadsheet, CSCO's cash (and equivalents) was $21.5 billion in June 2002, and is currently $16.5 billion.