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ztect

03/30/11 3:05 PM

#30052 RE: avocado #30044

yes i heard Don too, and thought his reply conflicted somewhat as to one of the reasons (ie. lost sales) given for the r/s since sales were increasing at a significant pace
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billpr

03/30/11 3:06 PM

#30053 RE: avocado #30044

"so if they grow sales by 100% earnings should grow a LOT more".. Andy you are on a real roll today. First of all I'd interested to hear how you arrived at the fact that Virtra's sales costs are largely fixed + the fact that sales for the past year were annualized, while doubling the number of empoyees during the year probably only had about a 25% effect on the bottom line for the year.. This year the salaries and fringe benefits for the newbies will be felt 100%..ergo: even if as Don says sales will double, which I personally doubt, earnings will not only NOT double, but they will on a percentage basis decrease.JMO