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To: The Reaper who wrote (41818)9/21/1999 11:31:00 PM
From: idler  Read Replies (1) | Respond to of 152472
 
kkirby -- I believe Thornley said that net income, not revenue, would be made up by ASICS. The reason, if my notes are correct, is that handsets were a major part of sales but also a major part of expenses; eliminating handsets eliminates all those expenses ... so "accretive to earnings." I think he said divestiture of the subscriber business would be immediately accretive to earnings, but I wasn't sure about the "immediately." -- idler.


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