SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Elamex(ELAMF) -- Ignore unavailable to you. Want to Upgrade?


To: David Seltzer who wrote (186)4/20/1998 12:59:00 PM
From: Ron Bower  Read Replies (1) | Respond to of 276
 
David,

Getting more confused. Why would there be lower earnings due to predictable cost items of minimum wage increase and utilities.

The earnings forecast you stated is .88. This would be about $6.5M. With the revs of $187.9M, this would be a net margin below 3.5%. I feel that they should do better than the 5.6% they have been doing and, with $187.9M revs, earnings near $1.50.

What am I missing?

Ron