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Technology Stocks : Microchip technology (MCHP) -- Ignore unavailable to you. Want to Upgrade?


To: Robert Salasidis who wrote (344)1/16/1999 12:24:00 PM
From: Taro  Respond to of 475
 
the worst news being, that the sales lag previous quarter. You may check some of my older messages and see, that MCHP struggled to make the previous quarter and only managed by shipping way ahead of schedules. Always catches up with you a quarter later, you know...
And the previous quarter's increase in earnings came from cutting commissions to reps by moving to FOB revenues as opposed to POS sales for commissions computations... Creative accounting that is called! Or windows dressing...



To: Robert Salasidis who wrote (344)1/21/1999 11:48:00 AM
From: Taro  Respond to of 475
 
more than a penny short made it a great short!