SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : TAVA Technologies (TAVA-NASDAQ)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: dennis reed who wrote (11758)2/19/1998 10:40:00 PM
From: Richard S. Schoenstadt  Read Replies (1) of 31646
 
Dennis,

I think you are a little bit high on the future number of employees.
If you read the transcript closely you will see that Tpro is at around
356 employees on Jan. 31.
And that they plan on adding about another hundred by the end of June.
HOWEVER that includes the 43 new employees already added in the last 60 days.
Here is the quote which makes this clear.

"John Jenkins: Yeah, I want to belabor that point one more
time. And I've said this in front of some of you, I'm sure.
We have 10 offices across the US, so for us to hire the 100
people that I'm talking about by end of June, of which we're
arguably half way there already, so it's probably an
undershoot, is not trying to suck up 45 or 50 people out of
one single geographical market. So that's an advantage we
bring to the table certainly."

There is also some further ambiguity.
For example Tpro says they have hired 43 technical people in the last
60 days. If I understood the transcript correctly they also hired some other people.
But Tpro had 330 employees on November 15.
That's 90 days ago and you add 43 to that and you get 373 not 356.
And if you figure a few extra in sales and administration you would expect more.
So it looks like Tpro lost at least 17 employees as well.

Also Tpro in the November cc stated they had about 280 technical people.
But in January after adding 43 people they had only 257 technical people.

I am sure they were just counting people differently.
But I wish they would be a little more careful and consistent in how they count people.

RS

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News