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Re: RG post# 39646

Wednesday, 11/21/2007 4:23:46 PM

Wednesday, November 21, 2007 4:23:46 PM

Post# of 81575
Hi Lucy, I did hear Howard say that. I have heard Howard say things like that many times before but as someone has said....it all depends when "revenue" is recognized. I think it is when you get paid (say...Net 45 ARO). So that being the case..... If I placed an order for STP tools today.......

Order Placed - day Zero November 21 2007
Shipment Received - day 90 February 19 2008
Payment Made - day 135 April 4 2008

Seems like we have to wait for Q2 2008 to see any revenue. But it does depend on the supply chain flowing smoothly and what the terms are on payment (Net 30, Net 45, Net 60).

All this is in my opinion and I hope to be proven wrong by order news very soon!!!

Happy Turkey Day!