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Subject: State of the backlog

From: "Paul Schreiber" <synth1@...>
Date: 2004-08-31

OK, I just finished the inventory/backlog. Needless to say, due to the 'June
Rush' before the price increase, it's at a record level.

In order to fund the parts, I ∗have∗ to chop the backlog into bits and
ship/buy/ship/buy...etc. This in turn means that I ∗depend∗ on everyone to wait
as I do the best I can. I am 100% booked from today until Feb 2005.

The pacing items are: panels and pots (specifically, the Spectrol pcb pots). A
large panel order is due to arrive 1 week from tomorrow, and I just placed an
order for 200+ ∗additional∗ panels and 25pr of rails. This is over $9,000 that I
am willing to pay for long before you receive your modules. I will have to buy
approx. $18,000 ∗more∗ parts over the next 6 months in order to ship the
backlog. This does NOT include the MIDI-CV converter, either.

I should be OK on the panels, it's the pots I worry about. I have 1000s on
order, but many folks will see their modules in Jan/Feb. Usually, I don't ship
from Dec 15 to Feb 1. But, due to the situation, I will ship what I can,
whenever I can.

So, ∗please∗ hold tight while I fight through this. I have the best customers in
the world, and you have my full attention.

Paul S.