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To: Londo who wrote (1299)11/22/2000 3:37:49 PM
From: Michael H  Read Replies (2) | Respond to of 1881
 
> Gross margins:

> Q1 1999: 7%
> Q2 1999: 22%
> Q3 1999: 26%
> Q1 2000: 41%
> Q2 2000: 45%
> Q3 2000: 45%

> So certainly the curve is flattening. In theory, newer products (higher density sizes, etc) should boost margins.

Shit! I thought gross margins would flatten somewhere over 100%. Why can't they just make their costs go negative? What a disappointing stock and management!

Michael