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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: Softechie who wrote (34979)2/28/2002 4:58:34 PM
From: Dave Gore  Read Replies (1) | Respond to of 99280
 
Softechie, GNSS calculations are now pretty dim. If their Sept quarter earnings are 19 cents and then they are hit with a 35% tax next year instead of 15-22% this year, who knows how low their profits will be.

.19 eps - Sept qtr x 4 qtrs = .78eps

But what if the 35% tax rate and competition hit them harder in 2003?


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