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Technology Stocks : The New QLogic (ANCR) -- Ignore unavailable to you. Want to Upgrade?


To: John E. Mansfield who wrote (11981)10/30/1997 8:44:00 AM
From: Craig Stevenson  Respond to of 29386
 
John,

<<The Good: Revenue is up; sales pipe looks promising; R&D expenditures did not balloon with the MK II delivery; if you remove the one time charge of 900K from CSG, the margins are a respectable 51%. Evden with a bad Q4 ($3M) operating capital should hold them over well into '98.>>

I'm glad there are some financial gurus out there to explain these numbers better. At first glance, the margins looked pretty low.

Craig