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To: Wowzer who wrote (46813)6/23/1999 2:57:00 PM
From: IndioBlues  Respond to of 95453
 
I have the same question rory

"This extended delivery schedule is expected to produce economic benefits for both parties."

All I can figure is that from FGI's point of view the delay is attributable to some supplier who will have to pay a late-delivery penalty to FGI (whose yard scheduling arguably is screwed up). Or maybe the benefit is simply that revenue can be pushed back into later quarters. Hard to say.



To: Wowzer who wrote (46813)6/23/1999 3:05:00 PM
From: marc chatman  Read Replies (1) | Respond to of 95453
 
<<And what the economic benefits to FGI due to this delay????>>

Just speculation, but if it is a delay due to customer design changes, the fab typically gets big bucks for those. Of course, it could be that FGI will get to buy back its shares at a lower price. <g>

You could always call FGI and ask.


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