tRande CVGP..... It is there in the PR......
(NasdaqNM:CVGP - news), which builds Web sites for local governments and utilities, said on Thursday it signed over $100 million of contracts during a six-month ``quiet period'' mandated by its recent initial public offering. Six mo QP,,,,new contracts,,,,100 mil... OLD....WHAT IS OLD????
"``We landed more new business contracts in the first six months of 2000 than we did in all of 1999, a year in which we reported revenues of $66.7 million,'' Glenn Montgomery, Convergent CEO and chairman, said in a statement."
"During the six-month quiet period, Convergent Group signed contracts totaling over $100 million, an increase of 51 percent over the $65 million in new contracts signed during full-year 1999. These contracts, signed primarily by utility clients seeking the company's proprietary Digital Utility(SM), call for Convergent Group to provide these customers and partners with state-of-the-art Internet-based business solutions that enable them to transform their organizations into digital business environments. "
I"LL TAKE 51% INCREASE IN IN CONTRACTS ANY TIME......
Either someone is short or someone will get a talking to....
There own IPO.......What a laugh.... Anyway a better price...
Banchee |