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Technology Stocks : Cymer (CYMI)
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To: Stephen Swantz who wrote (13705)1/31/1998 7:38:00 AM
From: Robert Scott  Read Replies (1) of 25960
 
That's called stuffing the channel and applies to distributors. Conservative companies only record sales when shipped by the distributor to the end-user, not when shipped to the distributor. In fairness, sometimes companies over estimate end-user demand so that the "stuffing" is not intentional or used specifically to shore up a quarter. The thing is, this will always come back and bite the company eventually.
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