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Thursday, July 13, 2006 11:38:13 AM
I am trying to understand what you are calculating.
You show in formula 50% and then 60% of that due to taxes which together equals 30%. Is that 30% same as net profit?
I would think from messages 20% net profit would be more conservative.
Do you think if total revenue recognized is $120 million for next 12 months that your $2.52 is more accurate or 2/3 of that which is $1.68 or maybe some other figure?
sam
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