How to add millions to your profit statement.

Archived from groups: alt.cellular.cingular (More info?)

[POSTED TO alt.cellular.cingular - REPLY ON USENET PLEASE]

In <jzwick3-CBE386.13112501112004@news1.west.earthlink.net> on Mon, 01 Nov
2004 19:10:47 GMT, Jack Zwick <jzwick3@mindspring.com> wrote:

>Delaying paying on Rebates. It took 16 + weeks to get mine. No excuse
>given. All I was told, "They take 8 to 12 weeks".
>
>Millions of phones sold annually with rebates at $25 to $200.
>
>Delay a few hundred thousand or a million a month, and you've held onto
>tens of millions of dollars to make yourself look more profitable.

Nope -- that's not how the P&L is done. Rebates are a booked liability.
In addition, rebates are normally handled by 3rd-party fulfillment.

Even more pathetic FUD.

--
Best regards, HELP FOR CINGULAR GSM & SONY ERICSSON PHONES:
John Navas <http://navasgrp.home.att.net/#Cingular>

Archived from groups: alt.cellular.cingular (More info?)

"Jack Zwick" <jzwick3@mindspring.com> wrote in message
news:jzwick3-CBE386.13112501112004@news1.west.earthlink.net...
> Delaying paying on Rebates. It took 16 + weeks to get mine. No excuse
> given. All I was told, "They take 8 to 12 weeks".
>
> Millions of phones sold annually with rebates at $25 to $200.
>
> Delay a few hundred thousand or a million a month, and you've held onto
> tens of millions of dollars to make yourself look more profitable.

And unless this is a one-time 'delay', it has no effect on p/l- something is
always 16 weeks out.