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Stock_Barber

08/14/18 8:19 PM

#38168 RE: horst #38167

"If Howco doubled revenues that would not mean they'd double expenses for sales, general and admin. "

They do not break it out in enough detail to confirm that. No, SG&A would not necessarily double.

"we both read, there's a trailing six month $3.6M reduction year over year in sales, general, and admin costs"

OK, so aside from an accounting anomaly, please explain exactly how they did that? Did they fire 50 people?