SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Rick Bullotta who wrote (18765)6/19/1998 10:14:00 AM
From: JDN  Read Replies (1) of 31646
 
Dear Rick: Well, if you are happy with 26% then that means you can accept about $30,000,000 in SG&A of which about 8-9 million is selling expense and over 20,000,000 is pure administrative Overhead. I for one would not be happy with that kind of inefficiency. This is hardly General Motors you know. But even given that subtract 20mm pretax from my estimate and I think you come to about 1.04. I think that is too low as I have a lot of conservativity built into the revenue portion of the model--I THINK!! Anyhow, this is why I believe it is important to average each of the estimates. Likely the average is closer to the truth. So far, including Hannifen I come to $1.23 average. Not bad in my opinion. JDN
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext