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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Ian@SI who wrote (32128)	8/19/1999 2:47:00 PM
From: w0z	Read Replies (2) \| Respond to of 70976

"Orders that are received and provisioned during the quarters are not counted as "new orders". Rather they are only included in revenues." Are you certain about that? That is contrary to accounting used at my former employer (HWP). We had many products that had deliveries much less than 3 months, but all "orders" in the quarter were counted even if they were shipped immediately (i.e. from FGI). I've long since thrown away my accounting books but I don't belive you are correct. I think this also explains why you cannot make the numbers add up. The following numbers are from AMAT's Q2 and Q3 releases (http://www.appliedmaterials.com/financial/earnings.html) and are closer than the $100-180M discrepancy you mentioned: Q2 ending backlog $1.36B + Q3 Orders 1.46B - Q3 Shipments 1.43B = Q3 ending backlog 1.34B (I get 1.39B...rounding or turns orders?) Is there is an accountant in the house? :-)