QUANTUM Message Board - Msg: 6700101

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Technology Stocks : QUANTUM

QNTM 9.990

-0.4%

Dec 4 3:59 PM EST

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To: Hungry Investor who wrote (8288)	12/5/1998 10:05:00 AM
From: Z Analyzer	Read Replies (1) of 9124

<<I calculate their effective tax rate to be at 26% for the latest quarter. They are obviously taking great advantage of their foreign sales corporation - its one of the most advantageous I've seen. Remember, however that when we have revenues, we generally have to pay some salesperson a commission and have to support the sales force.>> Guidance for '99 fiscal is 21% rate. Due to nature of their business which is dealing with a small number of primarily existing customers, I would imagine sales commissions are not not large, if any. Z

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