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Technology Stocks : PERI (Periphonics)
PERI 9.330-1.4%Nov 20 3:59 PM EST
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To: Mel Spivak who wrote (1115)3/22/1998 6:08:00 PM
From: thomas w. o'neal  Read Replies (1) of 1682
 
Mel, I've looked at the 3rd quarter figures out 3/19/98 and note that PERI's sales, general and administrative expenses for 9 months ended 2/28/97 have grown 26%, while revenues have remained flat. R&D has also gone up substantially. I can understand that more R&D investment is a good sign, but can you or anyone else explain how the big run up in SG&A expense is good in the long run as the company suggests in its press release?
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