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Technology Stocks : Hummingbird Comm. (HUMC)

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To: jackhach who wrote (2000)6/1/2000 12:53:00 PM
From: Michael Watkins  Read Replies (1) of 2018
 
Several million over time, but it is undisclosed.

If its undisclosed, how do you know?

If its guess work, what are your assumptions?

Ok, here's my quick guestimates:

Depending on the number of users and licensing arrangement for "consumers" of information, as opposed to "authors or translators", its highly likely that a system serving 1000 authors and an unlimited number of consumers would have a capital cost of approx 1 million with no discounts. I think its unreasonable to expect that MSFT will buy anything with no discounts.

Depending on the complexity of the business rules for their localization project, building a document approval process and integrating the solution may take a skilled integrator anywhere between 120 and 240 person days - at 1,500 per person day is another 360K. If the process is simple, it would take a lot less... my company has built some very complex workflow solutions in less time, but I factor in more bodies and hand holding simply because of the size of the client.

With an initial expenditure of 1.36 million; annual maintenance and support charges of approx 200,000 might be expected.

Depending on the actual user counts and discounts sought, these numbers could vary dramatically. However if the user count/license structure are anywhere near close to what I imagine, then I suspect my numbers are high. The bottom line might also depend on how low Altris/StaffWare chose to drop their pants for the win, if at all.

On the positive side, a win is a win, and there's no doubt that there is some prestige associated with winning MSFT business.

However, MSFT from my observation tends to discourage out and out touting of such things, instructing vendors to play it low key. Its important to note that certain other document management providers have won business with MSFT in the recent past as well.

Rounding out my view on Altris, I note that they are still one of the smallest DM vendors out there. The other significant DM vendor players have technical support departments larger than the entire Altris organization...

The key thing for Altris is if they can keep it up.

PS, I'm not a rain on your parade kinda guy, I'm just all for realism and realistic expectations.
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