SPOOZ Inc (SPZI)

[snow]

Mr Smith "Arguing over a gross/net margin seems pointless." I mostly disagree. It depends on what you mean by your statement. I agree to the extent that the arguing does not change facts. But it is a fact that in almost all cases it is extremely important if profits are gross profits or net profits. At least one poster has referred to an alleged p/e ratio based on what has been published as a gross profit rate of 18%. That is 100% wrong because a p/e ratio is always based on net profits.