I don't know that it says that explicitly in the quarterly, but you are free to read it back-to-front yourself and see if you find that statement. Regarding my point that the finished goods number represents a significant amount of sales that will appear in the September quarter, recall my Q&A with Alloy Steel's CFO ( http://thehackensack.blogspot.com/2008/08/additional-answers-from-alloy-steels.html ):
Q: Why was the inventory (particularly the finished goods) number so high? Does this represent a pending shipment that should show up as revenue in the next quarter?
A: Inventory was built up in anticipation of a large order which has been received and revenue will emerge in the September quarter.
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