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Technology Stocks : Cascade Communications (CSCC)

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To: Dee Jay who wrote (3476)4/10/1997 5:20:00 PM
From: Dee Jay   of 3743
 
the net is 23% of sales once you add back in the (non-recurring)$18 million charge for research and adjust for income taxes on that $18 million, whereas for the year prior the net was 22%.

One percent here, one percent there, it all adds up, especially when it's on the plus side.

Dee Jay
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