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Biotech / Medical : Medical Industries Of America, MIOA
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To: Jamessmith who wrote (397)11/15/1997 5:47:00 PM
From: The Pope  Read Replies (1) of 570
 
The more I sniff, the worse it smells. I looked at you post again, and pulled out this little nugget:

As of percentage of revenue, costs of services increased to 80% of revenue from operations from 69% of revenue from operations for the three months ended September 30, 1997 and 1996, respectively. This resulted from the seasonality of the practice during the off season.

How can seasonal fluctuations account for differences in the same quarter? The reason quarterly comparisons are made in the first place is to eliminate "seasonal fluctuations".

Something stinks.
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