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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Knighty Tin who wrote (55892)4/13/1999 6:11:00 PM
From: Monty Lenard  Read Replies (1) | Respond to of 132070
 
MB, I just wonder if INTC cooked the books (same as channel stuffing IMHO) last qtr like CPQ. If they did that then the only way they can keep their books in balance is to make up for it this qtr and next qtr by letting actual sales catch up with what is reported. The real danger in that is if sales fall very much next qtr they will end up having to warn.

Lets see:
Debit Accounts Receivable 12/31/98
Credit Sales 12/31/98

Memo to JE: To adjust Accounts Receivable and Sales at 12/31/98 to what we want it to be.

Monty