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To: paul lin who wrote (12516)12/19/1997 9:01:00 AM
From: Finder  Respond to of 45548
 
Between options expiration manipulation and asia thiws is going to be a very bad day. Headlines are full of sell imbalances at the open.



To: paul lin who wrote (12516)12/19/1997 3:28:00 PM
From: Wayne Lian  Read Replies (2) | Respond to of 45548
 
Paul, exactly, Eric B. wanted to show things are going as planned and he was in control. See <<For the quarter, net income was $15.1 million, or $0.04 per share on sales of $1.2 billion. These
results were consistent with the Company's expectations announced on December 2.>> Eric B. hoped that readers would think he met expectation. But the fact is 0.04 is very small. And even this earning is artificially manufactured, because additional inventory problems are shifted to the next quarter.

As to trade receivable and account receivable, I don't know if they are different. Probably the same.