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Technology Stocks : QUANTUM -- Ignore unavailable to you. Want to Upgrade?


To: Hungry Investor who wrote (8288)12/5/1998 10:05:00 AM
From: Z Analyzer  Read Replies (1) | Respond to of 9124
 
<<I calculate their effective tax rate to be at 26% for the latest quarter. They are
obviously taking great advantage of their foreign sales corporation - its one of the
most advantageous I've seen.

Remember, however that when we have revenues, we generally have to pay some
salesperson a commission and have to support the sales force.>>
Guidance for '99 fiscal is 21% rate. Due to nature of their business which is dealing with a small number of primarily existing customers, I would imagine sales commissions are not not large, if any. Z