John,
In response to a question, Nettles pretty much allocated a lot of the problem to the switch from July end-of-quarter to September end-of-quarter:
"You shift emphasis, you know, it's something that there is a natural end of the quarter push to wrap up the loose ends, and those things moved out because everyone in the company had seen an announcement that we were not going to report, so we were focused on a September quarter ending instead of a July quarter ending.
Q: Any is my guess right that the main difference is that revenue recognition issue?
A: That's a big piece.
Q: What else could there be?
A: Little orders that could have been picked up here and there, that you know were identified but were just not pushed again. Would have required special effort in big accounts, and that always involves calling in chips, so to speak, and you do that when you need to and you don't when you don't need to."
Gary Korn
|
