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Technology Stocks : Cymer (CYMI)

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To: Rustam Tahir who wrote (24213)2/8/2000 12:15:00 PM
From: Curlton Latts  Read Replies (3) of 25960
 
>>>spares and parts can sold in the future why write them down now unless because they had such a blow out quarter that it could be easily done so without damaging the eps surprise. And if they do sell them at a future date, then the margin on them would be 100%, thus a boost to the eps if they need to goose the number to beat estimates.<<<

This is known as managing the numbers and many very successful, public companies do it to a fair-thee-well including Microsoft, Intel and GE. It happens to be a hidden sweetner to the earnings report.

Good Luck To Each And All

Curly

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