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Technology Stocks : e.Digital Corporation(EDIG) - Embedded Digital Technology -- Ignore unavailable to you. Want to Upgrade?


To: Walter Morton who wrote (7380)8/20/1999 8:04:00 PM
From: Walter Morton  Read Replies (2) | Respond to of 18366
 
Did anybody notice the margin on the products that were sold?

Revenue $15,062 100%
Cost 14,871 99%
Margin 191 1%

I hope that is because of low volume.

Imagine:

Revenue $3.00 million 100%
Cost $2.96 million 99%
Margin $ .04 million 1%

Did you know that $.04 million is only $40,000?

There would be nothing left to pay the other expenses like (salaries and R&D)

I sure hope the margin improves as volume increases.

Maybe the Lanier product shipment is included in the Services section. Hmmm.... I wonder how many they shipped before the end of June.