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To: D. Swiss who wrote (156548)4/24/2000 6:01:00 PM
From: Gabriel008  Read Replies (1) | Respond to of 176387
 
Drew, in Q1f00 the margins were 21.5% and in Q2f00 22.0%. DEll may have referenced those quarters but not for the entire Q1f01 quarter. Remember in February their margins were suffering and their CC indicated they weren't out of the woods? I presume from this that Q1 is better than Q4 but not in the 21% to 22% range. That's why I used a mid-range 20% in the area of Q3's margins [20.2%].

regards, Gabriel