| 41. | The company's gross margin weakened slightly due to increased competition.
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| 42. | Analysts expected the gross margin to narrow to 41 percent.
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| 43. | All of that comes at the expense of gross margin.
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| 44. | Gross margins also were weaker than Merrill Lynch had expected.
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| 45. | They have different business models, different gross margins, different technologies.
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| 46. | The gross margin was 20.7 percent in the fourth quarter.
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| 47. | Gross margin increased, as the stores marked down less merchandise.
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| 48. | Intel's gross margin was 58 percent in the third quarter.
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| 49. | Gross margin was " slightly higher " than in 1994.
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| 50. | It has not reduced expenses as gross margins have declined.
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