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To: Jonathan Bird who wrote (11031)12/16/1997 6:26:00 PM
From: T Bowl  Respond to of 12298
 
I agree Dave. The PR did say $96mil. But then the Jul 10Q was still talking about spending $140mil on CapExp for the year. Somehow, either you and I don't know what "CapExp" is or they didn't spend as much as expected.

In the 10Q:

<<Capital expenditures for the nine months ended June 28, 1997 were $66.0 million.
In addition, the Company leased $21.0 million of production equipment through
operating leases for the same period. During fiscal 1997>>

and in the 10/23/97 PR:
<<Capital expenditures for the year ended September 27, 1997, were $96.1 million. In addition, the Company leased $35.3 million of production equipment through operating leases during fiscal 1997>>

My guess is that the leasing costs are lumped in here. Any financial weenies want to help out a "numerically challenged SI poster child?"

todd



To: Jonathan Bird who wrote (11031)12/16/1997 10:02:00 PM
From: Helios  Read Replies (1) | Respond to of 12298
 
Another question about book value. Will companies that have property in Asia be forced to recalculate the value of the property based on currency exchange rates or will they carry the inflated values?



To: Jonathan Bird who wrote (11031)12/16/1997 10:41:00 PM
From: Think4Yourself  Read Replies (2) | Respond to of 12298
 
Jon, I sent you a post about stores here receiving cases of 1.4GB WDC drives made in June 97. I posted it on the WDC thread.

Any comments? I didn't think WDC was making such old technology that recently.

Maxtor has really gained on WDC in retail market share this week, according to store personnel.

Thanks!
Ken