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Technology Stocks : CGRM Centigram
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To: David R who wrote (231)12/9/1997 1:37:00 PM
From: Red Dragon  Read Replies (1) of 333
 
Earnings are out. They made 0.11, expectations were 0.06. Stock up about 3/4.

Compared with last year's November quarter, outlays for SG&A and R&D were down about 6%, with essentially the same revenue. Looks like cost cutting measures are starting to show up on bottom line. Unfortunately, these cuts were offset by an increase in "costs of goods sold."

biz.yahoo.com
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