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


To: DaYooper who wrote (74636)11/17/2007 12:56:11 AM
From: Sr K  Respond to of 77400
 
at 10/27/07 (in millions):

WC >$21,234

Cash and cash equivalents $ 4,413
Investments 20,266

[some of the investments are shares of VMW)



To: DaYooper who wrote (74636)11/17/2007 12:57:41 AM
From: Elroy  Respond to of 77400
 
Ten billion? Wow. How much cash does csco have?

They have and generate plenty of cash to repurchase $10 billion of shares. The annoucement is just an extension of a repurchase program that has been ongoing for 7 years, it's not a big deal. The could have easily have said, "nothing has changed"...