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To: Lizzie Tudor who wrote (79200)11/12/1998 5:30:00 PM
From: Chuzzlewit  Read Replies (1) | Respond to of 176387
 
Michelle, I will be burning the midnight oil on analysis. Some quick thoughts: we seem to be shifting the sales mix to higher end products, which is why the ASPs remained flat. Inventory levels dropped to 7 days. CCC continues to decrease as A/P increased (in terms of days). I'm still critical of options for salary (this seems to have the effect of overstating earnings by at least $.026).

TTFN,
CTC