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To: Grommit who wrote (9570)7/27/1998 5:31:00 PM
From: SJS  Respond to of 42804
 
At first blush, I said SG&A doubled from a year ago, yes. However, it was pointed out that the company size is also larger, so the while the actual number is almost double, that comparison is meaningless without factoring in the corresponding increase in sales and marketing folks "on the street".

I never said anything about R&D, or inventories except that they are higher than I thought...

Regards,



To: Grommit who wrote (9570)7/27/1998 5:34:00 PM
From: Larry Currey  Respond to of 42804
 
>>>Inventory still looks very very high. I thought they said
they were going to bring it down.<<<

Inventory as a percentage of sales is down slightly from last quarter.

Larry



To: Grommit who wrote (9570)7/27/1998 5:35:00 PM
From: TNH  Respond to of 42804
 
Grommit,

I agree that inventory is still high but it's actually improving
when you compare it as a ratio between inventory and COGS( cost of goods sold).

TNH


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