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Technology Stocks : Compaq
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To: Windseye who wrote (60303)5/2/1999 1:42:00 PM
From: Loki   of 97611
 
Windseye...I am not sure where the
"critical mass" lies at DEC, however, a reduced
sales figure of 15% - 20% would certainly eat into the profit
picture bringing it close to that level.

Therefore, the consolidated statement would indicate a
disproportional (higher) SGA/REV % compared to what was expected.

Loki

Remember in a service industry you are still paying the same
salaries, even when revenues decrease.
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