ATPX: Lunn Industries and Technical Products Group merge. Message Board

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Technology Stocks : ATPX: Lunn Industries and Technical Products Group merge.

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To: Sergio H who wrote (1706)	7/23/1998 11:16:00 PM
From: Cary C	of 1923

Ola amigo. Next time you speak to Harvey could you ask him a couple of questions for me. I know last time him and I had a disagreement about % increase on revenues from a negative to a positive number but I think I should be on the same page this time <g>. 1. ''This is generally the result of the loss of approximately $750,000 of high margin product sales to the Pakistani government caused by the U.S. placing a cease order on military sales to that country.'' (they just had to test the nuke didn't they) If the ban is lifted how much of the $750k can be sold at a later date? 2. Is the 750k an on going quarterly thing that was also figured into 3rd quarter numbers? 3. In trying to figure out how much of an impact the 750k in revenues had on the earnings this quarter, how much profit margin was there. Would the margin have raised the numbers to the 1st quarter margins? 4. If so would any of the following scenarios have been possible? a. Taking the profit margin of the first quarter approx. 24.4 % and multiplying by the revenues for this period 39.632 would equal 9.670. When you subtract the 9.097 that was given if gives you an additional 573k profit. Take away 39% for tax purposes and it gives you an additional 350k profit. That added to 1.3 million would be 1.65 million net income or .30 a share. This one doesn't necessarily add up because you would have to add the 750k revenue to the 39.632. If you do this, when you multiply the revenue by 24.4% it comes out more than the 750k (9853 - 9097 = 756k) Confused yet? I am. lol b. Taking a more simplistic approach, since the margins were higher on the 750k products, if we assign say a 40% margin that would have given us an additional 300k - 39% tax profit of 183k or .27 So really the best way I guess is to just ask Harvey what the heck the profit margin is on that 750k and we can go from there. :>) Besides the increase in the back orders from last year it was nice to see the 9.5% increase from the 1st quarter (610 vs 552)both released and unreleased back orders were up 7.5% and 11% respectively Cary

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