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Technology Stocks : INTERFACE SYSTEMS (INTF) GETTING INTO EBPP? -- Ignore unavailable to you. Want to Upgrade?


To: David H. Zimmer who wrote (549)11/14/1999 5:57:00 PM
From: TLindt  Read Replies (2) | Respond to of 1203
 
>>>Perhaps I am ahead of the curve as to where I expect INTF's business to go but knowing the backgrounds of those involved, it is safe to say that they will augment their software sales with ancilary products which tie their customers to them.

Went right over the top of my head. Whoooooosh... Before you explained where you were coming from.

So I figured if they were preforming better it should show up in Gross Profit?

If so I pulled these out from the quarterly reports at the SEC.

sec.gov
Q1 Gross Sales $5,211,186
Gross Profit $3,109,747

59.67% Gross Profit

sec.gov
Q2 Gross Sales $4,862,048
Gross Profit $2,795,668

57.49% Gross Profit

sec.gov
Q3 Gross Sales $5,201,865
Gross Profit $3,205,635

61.62% Gross Profit

biz.yahoo.com
Q4 Gross Sales $4,898,000
Gross Profit $3,159,000

64.49% Gross Profit

And then there was a footnote on the Q4...(1) Cost of revenues includes expense from amortization and write-off of capitalized software development costs of $23,000 and $29,000 for the quarters, and $91,000 and $784,000 for the year ended September 30, 1999 and 1998, respectively.

That's the type of 'data' I look for, and keeping in mind that they are focusing on selling a higher margin mix of products...and weed out the lower margin ones. I can see it in those numbers.

And if their emphasis is on sales and marketing, that costs....but it just may mean even better Margins if their Products go over well.