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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: Gerald L. Kerr who wrote (10672)2/8/1998 6:46:00 PM
From: jan m.  Read Replies (1) of 31646
 
A previous poster was talking about an engagement being nothing more than a proposal. This is incorrect information. At the SHM, I asked this exact question after the meeting. An engagement means a signed contract "on the dotted line." A contract may be for one site, with a proposal to perform more work after the first portion is completed. John Jenkins mentioned in his presentation that the projects were being done on a "time and material basis'. I'm hoping for further discussion of this during the Conference Call. Jan
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