SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : LSI Corporation -- Ignore unavailable to you. Want to Upgrade?


To: Bob Howarth who wrote (22390)7/25/2000 5:56:56 PM
From: pokysconductor  Respond to of 25814
 
Bob,

Three different guys on Yahoo listened to the CC. Here is the last one to post (a comment anyway.)

"REVENUE WAS NOT MISSED. SHIPPING OCCURED 1 DAY AFTER QUARTER ENDED. IT WAS LITERALLY DISCOVERED OVER THE WEEKEND AND NOTHING COULD BE DONE. THE MONEY WAS MADE, PRODUCT WAS SHIPPED AND THERE WAS NO ORDER SHORTFALL. There was a slight component shortage but that has been met with no detriment to customers. "

Apparently 30 Million of last quarters products ended up being shipped one day late. The net of earnings was a drop on about 4 cents. Earnings would have been 33 cents had it not been the 1 day late. Also next quarter is booked for growth of 10-12% without "without" this order credit shift.

Price still heading down in after hours. Figure that one.

Regards,

Pokyscon.