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To: Judy Helkowski who wrote (2157)1/29/1998 8:25:00 AM
From: David  Respond to of 3506
 
These are not "worst case" earnings that may have been anticipated until yesterday. I'd be surprised at a price break.



To: Judy Helkowski who wrote (2157)1/29/1998 8:58:00 AM
From: arun gera  Read Replies (1) | Respond to of 3506
 
Good Signs - Bad Signs

About the earnings report

Bad Signs

Inventory Up Significantly, (Could be good for the next quarter, if the backlog is high)
Accounts Recievables Up Significantly (Possibly due to CUGR)
Gross Margin Decline (Hope it is one time)

Good Signs

Revenue up in line with expectations
1.6 M went into R&D
SG&A under control

Where did the dollars for settling Lerach law suit go? Will these be accounted in the next quarter?

Arun


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