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To: Randy Ellingson who wrote (16416)12/28/1998 6:34:00 PM
From: Smart Investor  Read Replies (2) | Respond to of 27307
 
What does this mean? Do you mean their margin will decline? If their margin does not decline, then revenue growth should lead to earning growth. If its margin does decline, then one needs to ask if the increasing competition finally has its impact on the bottom line.