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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion

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To: John Sikora who wrote (7116)10/24/1997 9:39:00 AM
From: tech  Read Replies (1) of 13949
 
Although I think any contract announcement is good, WHY IN THE HELL WOULD YOU MAKE IT ON THE FRI. AFTER THE HONG KONG STORY IS ALL OVER THE WIRES ???

Someone screwed up big time!

This would of had a better effect on Monday.

JMHO.

P.S. at least this time they included the lines of code, but I am not too impressed with a 2 Million line project.

At .35 per line that would only come out to only $700,000

ALYD's payroll is approx. $1.2 million per month!

THREE MONTHS
Ended 6/30/97
Payroll & related cost = $ 3,629,629
With an average of 240 people

Source:
sec.gov

[ $3,629,629 / 3 months ] $1,209,876 per month in payroll expenses

A $700,000 project doesn't even cover their payroll.
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