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.
Pastimes : Clown-Free Zone... sorry, no clowns allowed
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: pater tenebrarum who wrote (114608)7/26/2001 5:33:49 PM
From: BigMoney  Read Replies (1) of 436258
 
"their shareholders would be better off if they closed the business down for a while"

how do you think everyone's been working off their inventory glut. their sales aren't improving, they just stopped making anything until they either get rid of the old junk for a huge loss, or they just throw it in the dumpter and write it off in one big lump sum (ala CSCO).

actually, CSCO had the right idea. destroy all inventory, write it off as obsolete, and start over. everyone forgets those "one-time" charges anyway. as long as those proforma numbers come in on target, hey what's the problem? i wonder why companies just don't do that every quarter.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News