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Strategies & Market Trends : Value Investing
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To: jeffbas who wrote (7852)7/25/1999 9:08:00 PM
From: James Clarke  Read Replies (1) of 78844
 
You've got to distingish between variable costs and fixed costs. MAXS doesn't manufacture. Jones NY was just a licencing/distribution agreement by my understanding. Therefore a lot of the costs probably go away with the revenues. We'll see what happens, but that's my read of the financials.

JJC
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