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To: Mark Adams who wrote (581)1/26/1998 9:02:00 PM
From: Bill Hermesmann  Read Replies (1) | Respond to of 1058
 
There was a 2.6 million inventory loss added to the 7.1 charge so there was no operating loss.....I know the .00 loss excluding charges was expected but I don't know about the inventory writedown (certainly not the first one). Without the inventory writedown, the results would have looked very good to me. Let's see what DLJ and the few other institutions that follow the stock say after the conference call