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Technology Stocks : Progress Software
PRGS 42.16-1.3%3:59 PM EST
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To: mwj6 who wrote (270)6/23/1999 7:33:00 PM
From: Thomas Mercer-Hursh  Read Replies (1) of 296
 
> sales were growing significantly.

"sales" not equal "income from operations", which is why I wondered. Income is revenue less expenses. "From operations" indicates that both revenue and expenses exclude items which are not part of ... well... operations, doing business on a day to day basis, i.e., not income from interest, special charge-offs, etc.

And, sales are not climbing nearly as fast as services and maintenance.
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