CGRM Centigram Message Board

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Technology Stocks : CGRM Centigram

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To: David R who wrote (112)	5/28/1997 8:24:00 PM
From: Red Dragon	of 333

I think one reason the SG&A is so high is that there are a lot of one time charges this quarter for severance packages and other costs involved in the "downsizing" that occurred over the past couple of months. See Sandi's post (#110). Expected loss from operating revenue was expected to be 45 cents a share, but with the one time charges tacked on, it ended up being 90 cents a share. More worrisome is the 45 cent/share loss from operating income, a fallback from prior quarters when they were making about 10 cents a share. Apparently, this is because of a delay in orders from a few major customers, according to press releases.

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