Did anyone else get a kick out of Kurlak's first question on the CC?
Kurlak:
Yeah, I just wanted to, uh, comment on the, uh, ASP statement. With operating profits, you know, down in dollar terms by 6% year to year, while revenues are up 9%, how is the ASP flat?
Now, at this point what I want to know is whether Kurlak was actually thinking "I've got 'em now"?
Otellini:
...It's not an ASP issue; it's a cost issue.
Granted, it was prudent of Otellini not to break into a sarcastic review of the basics of accounting...
...but wouldn't it have been cool if he did?!
No wonder Kurlak's estimates sometimes seem like they come from numbered ping-pong balls randomly pulled from a bingo machine <g>
Good trading,
Tom |
