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Technology Stocks : Compaq
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To: rudedog who wrote (53942)3/19/1999 5:10:00 AM
From: rupert1  Read Replies (1) of 97611
 
rudedog:

"it has traditionally been lower than 4Q"

4Q is reported as a nominal $10.8 billion, so the original $10 billion 1Q estimate nominally honoured that rule.

I was wondering whether the potential $200+ million reduction in the value of receivables from Brazil due to devaluation (as announced by Mason to Credit Suisse First Boston), reduces the top line revenue figures for the quarter, by that amount, or whether it will be treated as a one-time charge, leaving the gross revenues figure intact.

I am not clear whether Mason intended his comment about a potential shortfall from devaluation to apply only to the receivables from the 4Q or whether it applied, in part, to COMPAQ estimates for Brazil revenues for 1Q.
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