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Technology Stocks : OnSale Inc.

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To: Mo Chips who wrote (757)2/12/1998 10:43:00 PM
From: StaggerLee  Read Replies (1) of 4903
 
Come on folks, someone do the algebra or I'll do it myself: Drop the margins a few points to factor in storage of inventory, shrinkage and obsolescence. With, say 8% gross margins, and moderate growth in SG&A, by what % do revenues have to grow before this farce is break even?!?

Answer: This company NEVER breaks even! If anyone can offer a P&L which shows this company profitable with less than $250 million in revenues (i.e., three times the size it is now), I'd love to see it (and laugh at it). WELLLL????
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