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Technology Stocks : SSA (SSAX) BPCS/Client Server -- Ignore unavailable to you. Want to Upgrade?


To: MAURICE J. SADOWSKY who wrote (467)1/27/1998 5:02:00 AM
From: MAURICE J. SADOWSKY  Respond to of 915
 
That's what I get for typing and not thinking--a 10% profit margin in fiscal 1998 would generate $53 million in profit (assuming rev comes in at $530 Million)--and $1.06 per share. The point is that it can be done--the $200 million development costs have been spent--all kinds of little things will start clearing up--like depreciation, taxes (traditionally 36%--but I would expect some credits), either charge more for service or push it into good partners who supply the service locally rather than from chicago with air travel and hotels, improve the central office service by using the net--keep the brains home and use technicians in the field, etc.



To: MAURICE J. SADOWSKY who wrote (467)1/27/1998 8:34:00 AM
From: kvogel  Read Replies (1) | Respond to of 915
 
Maurice,
You have certainly done a great service to all us SSAX holders. By the way $10 million profits provide EPS of $.2 not $2.00. Maybe SSAX should use their own EMS software to run their company. I am still extremely optimistic since I think most energy in the company is focussed on sales and profits not product development(which goes on), financing, stockholder suits,etc. Wish I could buy more at these levels.
Karl