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Old 06-27-2012 | 12:59 PM
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DLpilot
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Joined: Mar 2008
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Default 2nd quarter loss?

Guys, the losses are just writeoffs from future periods. Excluding these writeoffs, we are forecasting a profit of 80 cents a share. This is almost double the amount of last year. According to the filing, they will be setting aside $120 to $150 million in profit sharing for the quarter. Operating margin of 8 to 10 percent.