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To: david_langston who wrote (9766)9/22/2000 1:56:12 AM
From: jcholewaRespond to of 275872
 
> They started using "sold" and "shipments" interchangeably in the CC.

Aha!

>>>>>
[Ben Anixter?]And Dan, just like to add one thing - and you've been in our business, so you know. You said shipped - when we talk, we talk about selling them, not just shipping them.
[Jerry Sanders] Yeah, that's a distinction we like to make. We actually shipped more than the sell-through, because some of these things cleared out just at the very end of the quarter. So, when we say "we sold," we sold more than 1.8 million seventh-generation. We shipped more than that.
<<<<<

(from the last CC)

-JC

PS: You have to also understand that the Q2CC was awful, so they screwed up the way they said lots of stuff. ;P{



To: david_langston who wrote (9766)9/22/2000 1:59:55 AM
From: BuckwheatRespond to of 275872
 
David and John, they did specifically say that the 3.6 million figure was a shipped number. I can't remember any analysts asking for clarification on this. I do know that Jerry has almost blown up on several occasions when the question comes up about what the definition of "sold" is. He seems to be quick to take issue with any question that alludes to channel stuffing.

Buckwheat