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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: RealMuLan who wrote (17278)3/4/1998 10:10:00 PM
From: Bart  Read Replies (1) | Respond to of 50167
 
Defecations gonna hit the rotary oscillator tomorrow I fear!-I'm kicking myself for not being loaded to the max. on puts. I have a few on TXN I bought this afternoon and I have zero calls now. I never got refilled on my oex puts I flipped this AM!



To: RealMuLan who wrote (17278)3/5/1998 12:19:00 AM
From: Ira Player  Respond to of 50167
 
I believe 10% was a revenue figure. Fixed costs do not change with lost sales. Only savings on lost revenue are the "Cost of Goods" COG. With 50% margins, this means half the lost revenue hits the bottom line.

A bigger hit than the 10% revenue figure quoted. You can bet they are looking to reduce "discretionary spending" to help contain these losses to earnings.

Enjoy the ride, (not)

Ira


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