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Technology Stocks : Printronix(PTNX)
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To: Anatole Kulick who wrote ()10/7/1997 10:29:00 AM
From: David Aegis   of 113
 
PTNX reports earnings today after the close. The one analyst reported on First Call is looking for $0.30 (fully taxed) versus $0.21 (fully taxed) last year. I am not sure what tax rate adjustments the Wall Street analysts are using to arrive at their fully taxed estimates, so it will be difficult to determine whether or not the number that PTNX reports will be above or below the fully taxed estimate (since PTNX reports earnings that are higher than the estimate due to the impact of NOL carryforwards). Since PTNX is now paying state tax, I am going to apply a 25% downward adjustment to get to a "fully taxed" number. Last year, when PTNX still had state tax NOL's, I was using a 30% downward adjustment. The conference call is a 2 PM PST at 1-800-290-2715. I do not remember whether an RSVP is required.

--David Aegis
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