excellent post, vtbound. and futhermore, for all we know they may have actually sold a few high-ticket items that missed inclusion in this filing by mere days. "when" revenues are allowed to be recognized is purely an accounting issue, and whatever might have been disallowed in Q1 could instead roll forward now and beef up Q2 numbers.
some retailers on monday may attempt to deftly flip their stock, and play the current news cycle, but they could just as easily be left in the dust. it seems to me the real winners in situations like this are the much deeper pockets of institutional shareholders, who can view progress over years instead of quarters.
imo 2008 is going to be a very strong year...
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