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To: Thomas G. Busillo who wrote (48947)10/4/1999 6:15:00 PM
From: Michael Bakunin  Respond to of 53903
 
I was puzzled by that sentence as well. The only thing of which I can think is that he meant 'lower than costs on previous periods' inventory'. Either that or he's figure out a way to mark-to-market without taking a loss; maybe they acquired TXN inventory at 0?

-mb



To: Thomas G. Busillo who wrote (48947)10/4/1999 6:55:00 PM
From: Skeeter Bug  Respond to of 53903
 
>>Other than writing down inventory, which they don't mention, so there's no reason to believe they did, what's the explanation?<<

kip is full of sh*t? ;-)


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