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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: Mike Buckley who wrote (28555)7/23/2000 3:18:48 PM
From: Sunny  Read Replies (1) of 54805
 
Mike, I appreciate the time you take to bring us quarterly updates on this "game". There are a couple of points I would like to ask you to clarify.

1. Consistently, one-half of total revenues come from existing customers

2. All of that being the case, mid-market licensing increased from $24 million in Q1 (12.5% of $193 million) to $60 million (25% of $242 million.)



Did you mean to say that 50% of the revenue growth comes from existing customers? If that is the case, and revenue increased $49 million (242-193) and mid market sales increased 36 million, (60-24), then sales to the large cap companies increased 13 million or only about 7.7%

OR

Is there a substantial portion of SEBL's existing business that is "non recurring" other than the maintenance fees? Hence it is possible for 50% of the total revenue to come from existing customers as they expand the number of licensed products?


Thanks again for your diligence on updating the CRM game. I have been very please to be playing the Gorilla in this space with real money.

Sunny
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