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To: Chip Anderson who wrote (8402)10/18/1998 1:16:00 AM
From: Simon Cardinale  Read Replies (2) | Respond to of 16960
 
Did we ever pin down how bad the loss actually was?

The operational loss of -0.55 included the inventory reserve charge, didn't it? I'd like to know what they made before _all_ one time charges.

There were 100k V1.5 chipsets according to the MF synopsis of the CC. What's that make the inventory reserve charge? $1.5M? 0.10/share?

How is this consistent with this quote from the MF synopsis "Apart from the inventory reserve charge, the shortfall in operating earnings was consistent with expectations" (of -0.07 I guess...)

Would it have been bad manners for the analysts to ask for a monetary value for the write-down?

Simon