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michael t

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michael t

Re: Knowledge is King post# 131559

Friday, 02/11/2011 10:35:14 AM

Friday, February 11, 2011 10:35:14 AM

Post# of 174965
re SECX

In addition to the foreign currency loss of 568k, 2/3 of the gross margin % improvement was attributed to favorable currency exchange. By my calculation, that would equate to roughly a 480k benefit to gross margins.
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