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Technology Stocks : CYRIX / NSM -- Ignore unavailable to you. Want to Upgrade?

To: Joe NYC who wrote (21941)	12/10/1997 12:07:00 AM
From: FJB	Read Replies (2) \| Respond to of 33344

Joe, They took $19M of revenues Cyrix had recognized and placed them in distributor reserves to more accurately reflect the value of inventory in the channel which would have been marked down in the future anyway. Make sense? Bob

To: Joe NYC who wrote (21941)	12/10/1997 11:20:00 PM
From: Robert G. Bianchi	Respond to of 33344

Joe, I didn't quite get the explanation of the revenue drop in the conference call. Last quarter, Cyrix evidently "stuffed the channel". This is the practice of shipping everything you can in one quarter to make things look good. After they dumped all that 6x86 inventory, the 300K 6x86MX units possible were not able to be absorbed. What was stated in the conference call is that 300K 6x86 chips were sold at cost. Evidently, Cyrix sold a large slug of these just before the end of the last quarter. Bob