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To: rudedog who wrote (112762)3/26/1999 4:57:00 PM
From: BGR  Read Replies (1) | Respond to of 176387
 
rudedog,

OK, that makes sense. Now, if 20% margins on the low end is indeed true (and even if it comes down to 10% assuming 50% boxes are sold at closeouts), given the major unit growth the picture doesn't look that bad really.

However, the billion dollar question is to figure out what percentage of boxes are being sold at closeouts.

-BGR.