SEC Filings Section 16 Filings Only
 
PFSWEB INC filed this 8-K on 03/31/2006.
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THOMAS MADDEN: No, I’m sorry, I’m sorry. I missed — the nine million, if I took out some of the incremental expenses, you know — this is a rough number — so the nine million would be the base excluding some of the merger-related costs and the impact of this one customer issue that Mark referred to earlier.
DAN WESTON: Oh, OK.
THOMAS MADDEN: I’m sorry. So the nine million is our starting point. We would see improvements from there based on a reduction in cost to reflect the run rate of the business in the December quarter of several million dollars.
DAN WESTON: Per year.
THOMAS MADDEN: Yes.
DAN WESTON: OK.
MARK LAYTON: And then you can do something — if you’re going to make your own forecasts on it you can do something with the savings and estimate timing on that. And, you know, these are the moving pieces that I can’t — I can’t predict right now exactly when these things are going to be obtained, you know, how quickly we turn them into the actual dollars. So that’s the moving parts that as I was describing that the vision’s, you know, just hard to do right now. But if you want to make your own forecast you can take that four to five million and kind of try to, you know, deploy some of those over ‘06 in terms of when they would come into play. And that would give you, you know, a beginning of a picture. That’s kind of what we’re doing here right now. We’re just not ready to, you know, be able to make any statements about where exactly we are.
DAN WESTON: I know, I understand. That’s a good starting point, though. I appreciate the help and good luck to you guys.
MARK LAYTON: Thank you.
THOMAS MADDEN: Thank you.
OPERATOR: Your next question comes from John Fitzgerald (ph), of Bishop Rosen & Company (ph).
JOHN FITZGERALD, BISHOP ROSEN & COMPANY: Yes, Mark, good morning.
MARK LAYTON: Hey, John.
JOHN FITZGERALD: A couple of questions, really. One is the cost per customer had a sharp incentives year over year. You’ve — from 14.93 to 19.39 a customer. You indicated in the third quarter that trend started back down. Do you have a goal to where you want to take that number back down to?

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