Obscuring the data
posted on
Dec 22, 2004 03:14PM
Today, Dec 22, the company says ``it expects revenues and advance payments, on purchase orders for products scheduled to ship next quarter, of over $2.2 million for the quarter ending December 31, 2004``
So what happened to ``total booked orders.`` They were willing to announce that in November, but not in December?
Why does this remind me of the dumba$$ ``revenue neutral`` remark from a few years ago? What does this mean? Why lump revenues and advances together in a way that obscures the data? Are we closer to 1 million in revenue for the quarter, or 2 million? You won`t find the answer in the company press releases.
Seems to me Atul hasn`t changed things at all. Management is still playing with smoke and mirrors.
Wolfy