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Technology Stocks : Data Dimensions
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To: Staff who wrote (950)5/2/1997 9:12:00 AM
From: sheldon spivak   of 4571
 
Staff,
I was reading your post, had it on the screen, and listenning
to the conference call at the same time.

Your summary was accurate and I also got bored with the call after the question on inside selling.

One of the things I did not understand is the statement that license fees, all y2k related, were 10% of revenue this past qtr.
Since revenue was 6.75 million then the license fee revenue was 675,000.
But then it was stated that a licensee
pays 250,000 for the license and 10% of fees that are generated.
Doing the math it looks like they got 2 new licensees this qtr and 175,000 from the 10% of the revenue generated.

On another issue, I work as a contract software developer for a consulting firm. That consulting firm had about 125 contractors out billing and was growing. The owner sold out last year to CoreStaff for about 21.5 million.
We were bigger than Data Dimensions.

Thanks for the summary, I feel that eventually we will be right and see much lower prices.

shelly
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