Chuck, just to agree with Ted on the "Q1 lost sales" issue, the 10Q reports do not support the idea that significant sales were lost due to infrastructure issues.
Date........Finished Goods Inventory
12/26/99 $ 90,834,000
04/02/00 $ 92,814,000
07/01/00 $ 82,048,000
Suppose there were an additional 200,000 Athlons in inventory at end of Q2. Even if valued at $30 cost, that would be $6M of additional inventory. This would imply that all other inventories dropped by nearly $17M during the period, not likely for a firm whose sales were growing.
Petz |
