SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Novell (NOVL) dirt cheap, good buy?

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Salah Mohamed who wrote (14695)7/16/1997 11:53:00 AM
From: Don Earl   of 42771
 
Most of the projections for Q3 I've seen tend to be worst case. I can't get into the SEC filings this morning so I'm going from memory which may be unreliable.

1.3 billion per year gives an average quarter of 335 million. Reduce expenses by 15% comes to about 230 million. Reduction in channel sales not as bad as expected say 80 million. 30 million for restructuring. Assuming other expenses about the same. Add in the 20 million in reserve. I come up with about 6 million in the black or about .02 EPS. Is this realistic or wishful thinking?

Regards,

Don
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext