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Thursday, 08/30/2012 8:41:48 AM

Thursday, August 30, 2012 8:41:48 AM

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From the INX.V / INXSF MD&A regarding GM: "Management has set a target gross margin from 55-60% of revenues and with on-going efforts to reduce costs, expects gross margins to increase to these levels by the third quarter of this fiscal year." Note that GM in Q2 was 49.5%.

Mike

SwingTrade is my favorite board - #board-1781

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