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Technology Stocks : Nortel Networks (NT) -- Ignore unavailable to you. Want to Upgrade?


To: Kevin Rose who wrote (13614)7/25/2003 8:42:18 AM
From: AreWeThereYet  Read Replies (1) | Respond to of 14638
 
>> Another indication is gross margins (43.7%) - up slightly over last quarter (42.9%) and significantly over a
year ago (34.5%). This indicates both strong expense management and a resistance to dropping prices too
much. They can survive a lot longer, even with their iffy asset to debt ratio, with these margins. <<

Can you explain "strong expense management" and how it affect the gross margin?