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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)
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To: Andrew H who wrote (7639)12/20/1997 11:29:00 AM
From: JDN  Read Replies (2) of 31646
 
Dear Andrew: Its obvious the $28MM refers ONLY to BASE business NOT including Y2K. Read the sentence including the lead in. Now as to the BMS contract. Based upon info supplied I put its value at around $36MM excluding any revenue for the CD-Rom, materials etc. My calculation is 60 engineers times 2,000 annual hours times 2 years times $150 an hour average billing rate. Again, in public accounting a professionals "typical" number of billable hours is 2,000 annually. Actually when assigned to a huge job it was not unusual for them to average over 2,300 as they could control their "down time". Since I see this as a "Crisis" situation and the job is certain I believe my average annual hours is at least conservative. JDN
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