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Technology Stocks : SBS Technologies (SBSE) - Undiscovered gem -- Ignore unavailable to you. Want to Upgrade?


To: Clay Takaya who wrote (645)8/5/1998 4:24:00 PM
From: Christopher Brainard  Read Replies (1) | Respond to of 1540
 
ESP came in at $0.47 .... good news!

Revenues and GP% were above my expectation.
SG&A costs JUMPED to $.9 million or 24.1% of revenue .. disappointing.
R&D costs increased to 11.5% of revenue ... this too above estimates.

BIG CONCERN ... tax rate fell to 35% in the 4th quarter. Without the lower tax rate, EPS would have been $0.43!!!

Will be interesting to see what is said during the conference call on these points.

Chris ....