Last August 1998, you had predicted that NN, on the day of their shareholders meeting, would announce substantive contracts. You also predicted that NN, on that day, would give upward guidance to security analysts. None of your predictions came true. Your predictions last August turned out to be worthless.
As I stated previously, an approximation of the gross margin should have been known and made available. By the way, it is difficult to translate your spelling, but expenses, and tax rates do not enter into the calculation of gross margin. The expenses that Mr. Lutz addressed related to SG&A, and probably R&D, both of which are below the gross margin calculation.
I did not know that there were so many genius MBA's posting to this site. I am truly humbled by the brilliant, but largely irrelevent, statements made by so many. (Including by myself.) |
