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Technology Stocks : Identix (IDNX)
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To: Hockeyfan who wrote (7292)3/21/1998 10:27:00 PM
From: David  Read Replies (2) of 26039
 
Sylvan financial analysis question for J. Saf:

You wrote "I believe that the sale/leaseback will be for 3 to 5 years at an interest rate of 12% to 18%", and analyzed costs and profit margin on that basis.

Here's the question, and forgive my naivete, but isn't the joint venture going to pay the interest to the seller -- IDX -- on an installment sale, and won't that interest get recognized somewhere in the IDX bottom line?
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