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Non-Tech : NFLI - Nutrition For Life International

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To: Mike S who wrote (305)1/11/1998 4:20:00 PM
From: Skeeter Bug  Read Replies (1) of 331
 
mike, i agreed with all your points until recently. as for cutting costs, i don't see it. md&a keeps exploding to the upside. why? nfli is a hotbed of nepotism. the biggest way to cut costs is to cut the salaries of their friends and relatives - not to mention themselves. this isn't going to happen.

david promised to cut expenses last q and marketing/distribution/admin expenses went up $150k. is that cutting or expanding. is david confused? oh, and they sold less.

the one saving grace was that their gross margin went back to a reasonable number.

sure, kevin is good but it no longer appears to matter. HE ISN'T BRINGING IN SALES. at least not yet.

nfli may trend up eventually but there is no limit how low it will go before it moves up. i'm not willing to support a self serving management or risk my money for them to squander until they prove they can do something. they haven't yet...

good luck. you may pick the right time. but it is a gamble.
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