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To: Jonathan Bird who wrote (2308)1/17/1998 3:35:00 PM
From: Frodo Baxter  Respond to of 9256
 
Jon,

Operating margins vs gross margins.

(quick trivia: who in the industry actually sells for below gross margins? APM)



To: Jonathan Bird who wrote (2308)1/17/1998 6:35:00 PM
From: Z Analyzer  Read Replies (1) | Respond to of 9256
 
<<Z,
So your saying the release must be wrong and that they didn't really have a loss in the
high end part of the business? Having a loss is the definition of negative margins.>>
Gross margin was barely positive. After fixed costs it was a disaster.


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