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Re: swg_tdr post# 256403

Wednesday, 03/02/2016 9:45:08 PM

Wednesday, March 02, 2016 9:45:08 PM

Post# of 345868
RE "50% gross margin and 1,500,000 building depreciation "

I'm not talking depreciation - that's non cash anyway.
I'm talking OPERATING EXPENSES.
We have absolutely no idea how much Avid's "Selling General and Administrative" expenses are, but you can bet it is staggering.
NEXT!

You know the reason why they only talk "gross margin"?
Because they don't dare talk NET margin.
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