I have just a few "big picture" questions here.Why is SG&A so high? have they made any plans to reduce this? Why the $10MM charge to inventories in the last 10Q?How can Zoll's PP&E carrying values be so low? How are they going to find margin improvement, it's just too low for Zoll to be of any interest to a competitor, and begs the question, is this company a value trap?thank you for all responses.
Good questions, I don't have all the answers, but I'd love to hear them. The SG&A is high, and tracks with sales rather than holding steady because of their incentive programs for sales. Everytime they have a blockbuster quarter SG&A sucks up most of it. PP&E??? not sure what you mean there.and I have no clue on the 10M charge... Obsolete?? dan