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

To: Nine_USA who wrote (12362)11/7/1997 11:38:00 PM
From: Greg Hull  Read Replies (1) | Respond to of 29386
 
<<nic, <Perhaps they expect the ramp-up to be so steep that it will eat up profits for a year? ;-)>

If they see such a steep ramp-up, why did Kinnard drop the rating from Strong Buy to Buy?>>

Herb,

I think nic is suggesting that the ramp-up in revenue would be very steep, but the ramp-up in SG&A would be even greater. Thus the eps we seek would still elude us.

Greg


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