SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Wind River going up, up, up! -- Ignore unavailable to you. Want to Upgrade?


To: James Connolly who wrote (8254)8/13/2000 5:23:34 PM
From: peter grossman  Read Replies (1) | Respond to of 10309
 
James,

Your formula explicitly answers my original question -- that the operating margin is before taxes.

However, if I apply your formula to Matt's math (316 x 1.35 x 1.35 x .2) - taxes)/75 = 1.32 to 1.37, then the tax rate is about 12%. I don't think that's right either.

The 316 didn't include EST or AudeSi, but the 37% does. Partly because of this, I think the 37% is wisely and purposely low. I look for this number to be raised again in the upcoming cc.

-Peter