KennethLong
05-02

$SUPER MICRO COMPUTER INC(SMCI)$ Margins have come into focus: What happens to margins here is critical, and net profit dropped, gross margins inched up a very small fraction but costs increased and capital spending increased a lot, so net margins are dropping from 7.92% to what next few quarters. 7-6%? Cash burn and huge inventory expansion right here is crazy with a risk off market!


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