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Politics : Formerly About Applied Materials
AMAT 323.40+7.1%2:27 PM EST
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To: Katherine Derbyshire who wrote (51084)8/23/2001 2:24:56 PM
From: Cary Salsberg  Read Replies (1) of 70976
 
RE: "...an $83 million drop in revenue translates to at least that much drop in profit assuming that costs stay the same."

I agree profit = revenue - cost.

The key problem I found in your statement is "at least that much drop in profit." If "costs stay the same" then "at least" should be removed from your statement. Since steppers are the subject, costs (COGS) will not stay the same.

I am willing to concede that your statement could be considered competent, but I stand on my contention that you are far more competent than it suggests.
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