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Technology Stocks : SONS
SONS 7.830+2.8%Nov 28 4:00 PM EST
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To: voop who wrote (799)12/13/2006 1:31:26 PM
From: Cooters   of 1575
 
Voop, They have a LT target range of 17%-20% for OP and 58%-62% GM, they believe they will settle into their OP range in 2007. They have managed to hit it earlier than expected, I believe due to a little more revenue than expected, but they have cautioned that it still is a target for the Year 2007. GM's have been running well ahead of their range. They have a tremendously profitable business model.

Of course they cannot actually give us OM for Q2 or Q3 until they report full financials.

IMO, there is upside for both GM and OM above(or at the top of) their target range, but I fully expect them to be at least in the range.
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