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To: John Fairbanks who wrote (1465)1/16/1998 7:03:00 PM
From: Little Engine  Respond to of 27968
 
John,

The payroll financing division generated about $75,000 in that quarter, if I remember the press release correctly. And as noted in my post, I did not think the financing division operated at 65 percent margins.

I'll assume 100 percent margin for the financing division. $75,000 profit on $75,000 in revenues.

Where's the rest?


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