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Technology Stocks : Phoenix Technologies (PTEC)
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To: Fred Fahmy who wrote (2821)10/22/1998 7:10:00 PM
From: Daniel D. Caldwell  Read Replies (1) of 3624
 
You assume that they 'just barely made it'. The number is the result of whatever sales they took in the last quarter and the expenses they took. It is, needless to say, somewhat manufactured (not in any illegal sense). They chose to shoot for the lower number and push out sales and pull in expenses and adjust the reserves so that next quarter has a head start.
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