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To: hmaly who wrote (77709)4/18/2002 5:57:31 PM
From: Joe NYCRespond to of 275872
 
Harry,

Isn't the Gross Margin just 1 - Cost of Sales / Sales? He gave a range for the Sales, and narrowed down the Cost of Sales. You can figure the cost of sales in the most simple manner just by taking Q1 cost of sales and reduce it a bit by say 1 to 5%.

Joe