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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (40342)12/21/1998 5:33:00 PM
From: SeaViewer  Read Replies (1) of 132070
 
MB:

What they are talking about is this quarter and the previous quarter. The revenue indeed increased by 15% in PC system (the other part of the increase is in other business), the gross margin went down 7%, from 22% to 15%. The net income is $0.12, compare with $0.17 previous quarter. The number beat the average estimate by $0.01. But the company is reducing the SG&A to achieve this goal.

Just my opinion!

Jeff
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