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Technology Stocks : Vari-L (VARL)
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To: Robert Sheldon who wrote (1951)2/26/2000 1:27:00 AM
From: JBruin  Read Replies (1) of 2702
 
Robert,

Thanks. I was thinking about that debt payment VARL made. Am I off base or should VARL's eps increase by almost 3 cents this quarter?

$4,000,000 at 8.5%/4=$85,000 (interest savings)

$6,000,000 at ~5%/4=$75,000 (new interest income)

So $160,000/6,000,000 shares=2.7 cents/shr. per quarter
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