Wind River going up, up, up! Message Board

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Technology Stocks : Wind River going up, up, up!

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To: JSwanson who wrote (10057)	5/10/2002 12:50:01 AM
From: ratan lal	Read Replies (1) of 10309

Noted your points. And the foll. is being mentioned strictly for discussions. Just looking at the INCOME statement of Jan 31, 2002 (as shown in YHOO Financials).... WIND had an income of approx $80 mil. WIND had SGA expense of $44 mil + 'other expense of $11 mil for a total of $ 55 mil. When I ran my business with 15% gross profit, I made damn sure that my expenses stayed below 12%. If for any reason in any month the expenses went to 15% (i.e 0 net profit) I would be on top of everything from inventory to A/R to A/P and push sales people harder than normal to get those sales. Why do these companies using public funds believe that they can just keep wasting money and not bring their expenses in line wsith their sales and profits. With gross profit of $61 mil (damn that's 76%) one would think they would have a NET PROFIT. Of course they wait till things get so bad that an outside consultant has to be brought in who then fires a bunch of people, sells off unprofitable lines and streamlines the company such that it becomes profitable again.

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