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To: TTOSBT who wrote (60478)7/15/1998 10:27:00 PM
From: Barry Grossman  Read Replies (1) | Respond to of 186894
 
TTSOBT,

It was revenue that was said to be flat to slightly up - not eps. The statement they made about profits was in regard to margins. They said they expect 52% - up from 49% this quarter.

I guess this means profits will be up if revenues are flat to slightly up. But then they said that some expenses will be up 3-4% too.

On the other hand, they underestimated how fast expenses would come down this quarter, so perhaps that'll happen again.

I'm more concerned about what they'll report on 1/14/99.

Barry