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Non-Tech : HMT TECHNOLOGY - UNDISCOVERED YET! -- Ignore unavailable to you. Want to Upgrade?

To: Bill Lin who wrote (2030)	6/30/1998 9:57:00 AM
From: Bill Lin	Respond to of 2253

Shoot, I did the math wrong. I did the previous projection of $0.15 earnings based upon unitized costs, but not the traditional fixed cost plus variable cost method. I didn't back out depreciation, nor did I account for expenses paid during the qtr for product not shipped. From a Gross Method, the $56mm revenues minus $5.54 SGA is about $50 million. The unknown value is HOW MUCH did HMTT spend on labor? Sorry for the mistake!! BL