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To: ASB who wrote (111874)1/30/2002 8:11:49 AM
From: Wyätt Gwyön  Respond to of 152472
 
22.5% is already an excellent margin. any increase beyond that should be considered gravy. besides, as i said, it is rather generous to just consider operating margin, as opposed to net margin, which will be quite a bit lower over time for a profitable company. i would hazard a guess that the Enrong fiasco will cause people to pay more attention to net earnings than just operating earnings as time goes by.