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To: Mark who wrote (1455)12/8/1997 1:29:00 PM
From: Crispin  Read Replies (1) | Respond to of 2127
 
Mark,

What do you see their revenues at for '98 year?

When do their TAX losses end?

Have they got that cash from ATMEL yet?

What would a normal rate of tax be?

Say they T/O 60 mil?

margin? 10% => 6 mil

Tax 30% leaves 4.2 mil

over 32 mil shares => 13 cents.

PE ? give 'em 30 => about 4 bucks.

One off tax gains don't last for ever?

What do you think?

Crispin