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Technology Stocks : CSGI ...READY FOR TAKE-OFF!

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To: StockMan who wrote (1405)11/25/1997 3:15:00 PM
From: TEDennis  Read Replies (1) of 3391
 
StockMan: So, the client that received the benefit of the CSGI effort didn't pay anything for the service? Or, was all the revenue for that project retained by Millennium Enterprises in expectation of generating future revenues with future HP conversions?

Maybe I'm wrong, but I thought the client code was placed back into production. In that case, there was benefit received, and thus revenue should have been generated. However, the wording in the pamphlet is a bit vague in that regard.

Edit ... ooops ... I just read another paragraph that says the client was a software vendor. So, the likelihood of putting one of their own packages into production at their own site is unlikely. I suppose that vendor can now say they have a Y2K compliant version to offer their clients. Boy, these double-indirect relationships are hard to follow.

Edit#2 ... but then, doesn't that make the "converted and placed into production" claim a bit empty?

TED
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