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Rising top-lines, with margin improvements, result in geometric improvement in earnings, which results in higher multiples.
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Back in February, Pacquiao adviser Michael Koncz sparked some controversy when he told Yahoo Sports that his fighter would likely eschew the bright lights of Vegas for his next bout due to the rising top U.S. tax rate, which increased from 35 percent to 39.6 percent on January 1, 2013.
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Sanjay Mehrotra, CEO of SanDisk, won more than 70 patents earlier in his career, before rising into top management at the maker of flash-memory devices.
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