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

To: Cynic 2005 who wrote (21020)	1/22/1999 2:05:00 PM
From: Jorj X Mckie	Read Replies (2) \| Respond to of 77397

Can you substantiate this? My point is that cisco will be at the top of that list and I will not be surprised if they will be forced to retroactively adjust the earnings downward. (My guess would be to the tune of 20-30%) Then again, nobody may care as earnings are not important and Chambers is good at "managing" expectations.

To: Cynic 2005 who wrote (21020)	1/22/1999 2:16:00 PM
From: LindyBill	Read Replies (2) \| Respond to of 77397

My point is that Cisco will be at the top of that list Based on what? Either say "IMO", or give a reason! We have never seen a post from you before. From looking at your profile, you spend your time in the "coffeeshop" threads. Nothing wrong with that, its just that we are leery of people who appear out of nowhere on this tread, with "doomsday" predictions, that have no factual basis to them.

To: Cynic 2005 who wrote (21020)	1/22/1999 2:29:00 PM
From: Jorj X Mckie	Respond to of 77397

I believe this is the mention in the 10-Q that you referred. You seem to have a problem with Chambers managing expectations. Isn't that what a responsible publicly traded company should do? Cisco clearly acknowledges the SEC actions and then say that they believe that they are in compliance. I recommend that you follow your heart and short the hell out of CSCO. Recent actions and comments from the Securities and Exchange Commission have indicated they are reviewing the current valuation methodology of purchased in-process research and development related to business combinations. The Commission is concerned that some companies are writing off more of the value of an acquisition than is appropriate. The Company believes it is in compliance with all of the rules and related guidance as they currently exist. However, there can be no assurance that the Commission will not seek to retroactively apply new guidance and reduce the amount of purchased in-process research and development previously expensed by the Company. This would result in the restatement of previously filed financial statements of the Company and could have a material adverse impact on financial results for periods subsequent to the acquisitions.